Visa Adds New Paxos Stablecoins for Settlement Services
The post Visa Adds New Paxos Stablecoins for Settlement Services appeared on BitcoinEthereumNews.com.
Key Points: Visa adds USDG and PYUSD support for stablecoin settlement. Significant move towards blockchain integration. Fostering institutional adoption with Paxos partnership. Visa announced on July 31, 2025, it will incorporate USDG and PYUSD, stablecoins issued by Paxos, into its settlement services, expanding Visa’s blockchain capabilities. This integration marks a significant step forward in the adoption of digital currencies, enhancing fiat ramp capabilities and broadening blockchain infrastructure within Visa’s network. Visa’s Blockchain Expansion with Paxos Support Visa’s incorporation of USDG and PYUSD into its stablecoin settlement services underscores its commitment to expanding digital currency infrastructure. Issued by Paxos, these stablecoins are regulated and represent significant additions to Visa’s supported assets. With this move, Visa enhances its on-chain settlement options, now supporting more blockchain networks like Stellar and Avalanche. This broadens the choices for institutional clients, facilitating efficient cross-border payments. Ryan McInerney, CEO, Visa, “We recently expanded our capabilities by adding a Euro backed stablecoin, EURC, and through a partnership with Paxos two additional regulated stablecoins USDG and PYUSD … enabling us to support four stablecoins running on four unique blockchains” – Visa Q3 2025 Earnings Call Transcript Community reactions were positive, with Visa’s CEO highlighting the potential growth in digital transactions. The Paxos partnership was emphasized, enhancing Visa’s position in the evolving crypto landscape. Stablecoin Adoption: Market Dynamics and Expert Views Did you know? Paxos previously achieved full regulatory compliance under multiple jurisdictions, setting a precedent in the stablecoin issuance landscape. As of July 31, 2025, USDG, trading at $1.00, has a market cap of $311.54 million, with its 24-hour volume at $3.02 million, marking a 34.95% decrease. 24-hour price change is slightly down by 0.01%, according to CoinMarketCap. Global Dollar(USDG), daily chart, screenshot on CoinMarketCap at 12:26 UTC on July 31, 2025. Source: CoinMarketCap The Coincu research team suggests…
Filed under: News - @ July 31, 2025 2:31 pm