Visa continues to strengthen its position in the field of digital assets, significantly expanding support for stablecoins and blockchains. The company has announced the integration of Stellar (XLM) and Avalanche (AVAX), adding them to the existing Ethereum and Solana.
This expansion allows Visa to process transactions with new key stablecoins:
* USDG from Paxos.
* PYUSD from PayPal.
* EURC from Circle (the first stablecoin pegged to the euro).
In total, Visa now supports 4 stablecoins (USDC, USDG, PYUSD, EURC) on 4 blockchains.
The main goal: to accelerate and reduce the cost of international transfers, as well as to create a strong connection between Web3 and traditional finance. This is an important step towards building a reliable infrastructure for future global settlements.