Visa Expands Stablecoin Settlements to Avalanche and Stellar
Visa is leveling up its stablecoin game—now supporting settlements on Avalanche (AVAX) and Stellar (XLM) alongside Ethereum and Solana. IMO, this is wonderful news for AVAX and XLM bag holders, as it signals deeper integration with global payments.
Through a new partnership with Paxos, Visa adds support for PayPal USD (PYUSD) and Global Dollar (USDG). Plus, it’s opening the door to EURC, a euro-backed stablecoin from Circle, allowing settlements in both USD and EUR.
Visa has been bullish on stablecoins since 2020, and this move shows