Stablecoin News: Visa CEO Confirms Plans to Add Four New Stablecoins
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Visa is adding four stablecoins across four blockchains. This move follows a fourfold increase in crypto card spending last quarter. Visa is significantly expanding its digital currency support now. Consequently, CEO Ryan McInerney confirmed plans to add four new stablecoins. This was revealed in the company’s Q4 earnings call recently. Therefore, Visa is actively developing a flexible global infrastructure. In the end, this strategy can effectively facilitate the growth of cross-border payments. Visa Builds Multi-Chain Foundation for Global Stablecoin Payments Visa’s stablecoin-linked debit spending went up four-fold. Specifically, this growth was identified as year-to-year growth in the last quarter. Moreover, this is a strong sign of increasing consumer and business interest. Since 2020, Visa has processed a $140 billion+ worth of crypto transactions. Overall, this volume highlights the immense potential of the market. Therefore, stablecoins are considered important for the future of the company. Related Reading: Visa Is Directly Testing Stablecoins As Cash Alternative | Live Bitcoin News McInerney defined the next stablecoin releases unambiguously. The company will currently sponsor four stablecoins on four different blockchains. These assets are two different fiat currencies in the world. Moreover, Visa can convert these stablecoins to more than 25 traditional currencies. Thus, it can offer efficient and strong payment choices worldwide. Thus, the expansion has a substantial utility increase. In addition, Visa has expanded its crypto scope quite extensively at this point in time. Previously, USDC was the primary network supported by Solana. The three new stablecoins are PayPal USD (PYUSD), Global Dollar (USDG) and Circle’s EURC. Significantly, this adds support to both the USD and the EUR-backed stablecoins. In addition, by creating a dual-currency system, the team will achieve efficient market reach. In addition, the blockchain support is actively expanded. Now Ethereum and Solana are mostly supported. The new additions are Stellar…
Filed under: News - @ October 29, 2025 8:28 am