With the GENIUS Act accelerating US stablecoin adoption, Visa is stepping up its game—adding PayPal USD, Global Dollar, and Euro Coin to its settlement platform, alongside blockchain networks Stellar and Avalanche.
The integration facilitates faster, blockchain-based payments and seamless fiat conversions, Visa confirmed Thursday.
The payments giant had previously supported USDC on Ethereum and Solana, but the latest expansion reflects growing demand from institutional players, including banks, tech firms, and retailers.
Yet Visa isn’t alone. Mastercard is deepening crypto integrations, and a wave of financial institutions are launching their own stablecoins—posing a direct threat to traditional payment processors.
“The race is on,” analysts say. “Whoever masters stablecoin liquidity and compliance will lead the next era of payments.”