Visa Adds PYUSD, USDC & EURC to AVAX/XLM Stablecoin Rails

Visa has expanded its stablecoin settlement platform by integrating Avalanche (AVAX) and Stellar (XLM), adding PayPal USD (PYUSD), USD Coin (USDC) and euro-backed EURC. This multi-chain stablecoin settlement solution complements existing support for Ethereum (ETH) and Solana (SOL). Initially, Visa also planned to include Global Dollar (USDG) under the EU’s MiCA framework, while USDC has been tested since 2020. The updated platform aligns with recent US crypto-friendly legislation and the White House digital asset roadmap. Visa stablecoin settlement aims to cut cross-border transfer times from days to under eight hours, lower costs and boost liquidity. Adoption by major payment providers signals growing corporate interest in token-based finance.
Bullish
Visa’s expansion of its stablecoin settlement platform to Avalanche and Stellar with added support for PYUSD, USDC and EURC is likely to drive higher transactional demand for these tokens. In the short term, improved settlement speed and lower costs may boost trading volumes and on-chain liquidity. Over the long term, corporate adoption of Visa’s stablecoin rails signals institutional confidence in token-based finance, potentially increasing stablecoin utility and ecosystem growth.