CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
Crypto Potato 2025-08-01 22:24:04

Visa Adds More Stablecoin Support, Taps Stellar and Avalanche Chains

Visa continues its journey into the ever-evolving world of cryptocurrency and blockchain, adding support for more coins and chains to boost its versatility. Meanwhile, stablecoins remain one of the leading trends in adoption during this year. A Bit of Everything In a press release shared with investors, Visa, the world’s second-largest card payment organization, announced that it’s adding support for two additional USD-backed stablecoins, two blockchains, and the euro-backed EURC. The company has partnered with Paxos, which will bring two additional stablecoins to its roster – the Global Dollar (USDG) and PayPal USD (PYUSD). In addition to already supporting the Ethereum and Solana blockchains, the new additions include Stellar and Avalanche. Moreover, the variety of stablecoins increases with the inclusion of Circle’s stablecoin, EURC. “Visa is building a multi-coin and multi-chain foundation to help meet the needs of our partners worldwide,” said Rubail Birwadker, Global Head of Growth Products and Strategic Partnerships. “We believe that when stablecoins are trusted, scalable, and interoperable, they can fundamentally transform how money moves around the world.” The firm’s network has now integrated a total of four stablecoins and four blockchains, following years of real-world pilots and partnerships. One notable example is their union with Bridge earlier this year, part of Stripe, which enables stablecoin-linked Visa cards to be used at any merchant location in Latin America that accepts them. Bridge deducts the needed funds and converts them to local fiat, essentially mimicking regular transactions. A Driving Force There’s no denying that stablecoins have become a staple in institutions adopting cryptocurrency, as their market cap has doubled since the start of last year, according to current data from DefiLlama, now standing at over $265 billion. According to the Ivy Analytics platform, 90% of businesses in 2025 have tested or used stablecoins, primarily for reducing cross-border payment costs and liquidity management. The GENIUS Act, which was signed into law last month, introduced regulatory frameworks and provided assurance for corporations, governments, and everyday investors. Major U.S. banks, including JPMorgan, Goldman Sachs, and Citi, among others, have publicly shared their ideas for exploring or incorporating stablecoins into their everyday operations. The post Visa Adds More Stablecoin Support, Taps Stellar and Avalanche Chains appeared first on CryptoPotato .

면책 조항 읽기 : 본 웹 사이트, 하이퍼 링크 사이트, 관련 응용 프로그램, 포럼, 블로그, 소셜 미디어 계정 및 기타 플랫폼 (이하 "사이트")에 제공된 모든 콘텐츠는 제 3 자 출처에서 구입 한 일반적인 정보 용입니다. 우리는 정확성과 업데이트 성을 포함하여 우리의 콘텐츠와 관련하여 어떠한 종류의 보증도하지 않습니다. 우리가 제공하는 컨텐츠의 어떤 부분도 금융 조언, 법률 자문 또는 기타 용도에 대한 귀하의 특정 신뢰를위한 다른 형태의 조언을 구성하지 않습니다. 당사 콘텐츠의 사용 또는 의존은 전적으로 귀하의 책임과 재량에 달려 있습니다. 당신은 그들에게 의존하기 전에 우리 자신의 연구를 수행하고, 검토하고, 분석하고, 검증해야합니다. 거래는 큰 손실로 이어질 수있는 매우 위험한 활동이므로 결정을 내리기 전에 재무 고문에게 문의하십시오. 본 사이트의 어떠한 콘텐츠도 모집 또는 제공을 목적으로하지 않습니다.