Visa, the global payments leader, is expanding its stablecoin settlement capabilities to include four new stablecoins across four additional blockchains, according to CEO Ryan McInerney.
Speaking on the company’s fourth-quarter earnings call, McInerney said Visa is “seeing particular momentum” with stablecoins, having processed over $140 billion in crypto and stablecoin transactions since 2020.
Visa currently supports USDC, Euro Coin, PayPal USD, and Global Dollar across Ethereum, Solana, Stellar, and Avalanche. The new rollout will widen Visa’s blockchain footprint and enable more financial institutions to use stablecoins for settlements and cross-border payments.
McInerney also revealed that consumer spending via Visa’s stablecoin-linked card services quadrupled in Q4 year-on-year, with monthly transaction volume now exceeding a $2.5 billion annualized run rate.
The company’s strategy centers on building interoperability between traditional banking and digital assets, reinforcing Visa’s role as a bridge between fiat and blockchain economies.
You need to login in order to Like
                                                                        
                                            
													
                            
                            
                                
							
							
							
							
							
							
							
							
				            
				            
				            
Leave a comment