Global payments giant Visa is preparing to offer support for four different stablecoins on four separate blockchains as part of its strategy to expand its crypto services.
The move aims to expand Visa's stablecoin-based services globally, company CEO Ryan McInerney explained at the 2025 fiscal year-end investor meeting on Tuesday.
“We are starting to support four stablecoins running on four different blockchains, enabling conversion from two different currencies to over 25 traditional fiat currencies,” McInerney said.
Visa already supports stablecoins like USDC, EURC, PYUSD, and USDG on Ethereum, Solana, Stellar, and Avalanche. The new expansion will further strengthen the company's presence in the stablecoin ecosystem.
Stablecoin Momentum and Growth
The CEO noted that stablecoins have gained particularly strong momentum, noting that over $140 billion in crypto and stablecoin transaction volume has been processed through Visa since 2020. He also emphasized that stablecoin-linked card spending quadrupled in the fourth quarter of 2025 compared to last year.
Future Stablecoin Solutions for Banks
McInerney stated that Visa's next step will be to develop stablecoin solutions for banks. The company will begin supporting banks to mint and burn their own stablecoins through the Visa Tokenized Asset Platform. It also aims to increase the use of stablecoins in international money transfers through its Visa Direct service.