Visa Expands Settlement Platform to Stellar, Avalanche, Adds Support for 3 Stablecoins
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Global payments provider Visa (V) is expanding its stablecoin settlement platform to new blockchains and stablecoins, the company announced on Thursday. The firm will now support two dollar-pegged tokens, PayPal USD (PYUSD) and Global Dollar (USDG), through a partnership with Paxos. It is also adding the euro-backed EURC, issued by Circle Internet (CRCL), giving partners access to settlement in both U.S. dollars and euros. Two new blockchains, Stellar (XLM) and Avalanche (AVAX), will join Visa’s...
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