Visa is expanding its crypto settlement platform by adding two U.S.‑dollar‑pegged stablecoins—Global Dollar and PayPal USD—and integrating two additional blockchain networks, Stellar and Avalanche. These additions sit alongside the platform’s current support for Ethereum and Solana, broadening the range of networks and tokens available for transaction settlement.
Rubail Birwadker, a Visa executive, described the effort as the creation of a “multicoin and multichain foundation.” Visa expects that widely trusted, scalable stablecoins will reshape how money moves across borders by providing faster, more efficient and potentially lower‑cost settlement rails compared with legacy systems.
In addition to the new dollar‑pegged tokens, Visa’s platform will support selective partner settlement using a euro‑pegged stablecoin, EURC. That capability aims to make Visa’s crypto settlement infrastructure more flexible for global commerce, enabling settlements in multiple fiat‑linked stablecoins and across several blockchain ecosystems.
By embracing multiple stablecoins and chains, Visa is positioning its settlement technology to accommodate a diverse set of partners and use cases, from instant cross‑border transfers to tokenized payouts and commercial settlements. The multi‑chain approach also helps partners choose networks that match their needs for speed, cost and interoperability.
Visa’s expansion underscores a broader industry trend toward interoperable crypto settlement solutions that bridge traditional finance and blockchain rails. By supporting both dollar and euro‑denominated stablecoins and a wider selection of blockchains, the company aims to provide businesses and payment providers with more options for moving value globally while preserving familiar currency denominations and compliance controls.
Overall, the enhanced platform reflects Visa’s strategy to make crypto settlement a practical option for institutions and payment partners, focusing on trusted reserve‑backed tokens and multiple networks to increase resilience and reach.