Visa Expands Stablecoin Settlement Platform to Include USDG and Additional Blockchains
Main Idea
Visa has expanded its stablecoin settlement platform by adding support for two new blockchains (Stellar and Avalanche) and three new stablecoins (PYUSD, USDG, and EURC), enhancing global payment speed and flexibility.
Key Points
1. Visa now supports four blockchains: Ethereum, Solana, Stellar, and Avalanche.
2. Three new stablecoins added: PayPal USD (PYUSD), Global Dollar (USDG), and euro-backed EURC.
3. USDG was recently approved under the European Union’s MiCA regulatory framework, marking a milestone for Visa’s European operations.
4. EURC, a euro-backed stablecoin issued by Circle, supports Visa’s multi-currency settlement ambitions.
5. The expansion aims to meet diverse partner needs worldwide, enabling faster and more flexible cross-border payments.
Description
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Visa has expanded
Latest News
- Ethereum Daily Active Addresses Surge to 841,100, Hitting 1-Year High Before Price Dip Below $3,5002025-08-02 09:11:32
- White House Signals Continued Support for Strategic Bitcoin Reserve as Infrastructure Development Progresses2025-08-02 09:10:03
- August 2025 Crypto Events May Influence Ethereum Market and Broader Blockchain Developments2025-08-02 08:57:13
- Ripple Possibly Locks 700 Million XRP in Escrow as XRP Shows Signs of Recovery2025-08-02 08:56:26
- Dogecoin Technical Indicators Suggest Possible Short-Term Bearish Trend With Potential Price Bounce2025-08-02 08:22:12