Visa Unveils New Stablecoin Payment Solution for Four Blockchain Networks

Visa has expanded its stablecoin payment options, now supporting stablecoins on four different blockchain networks. Users can now transact in cryptocurrencies directly, with fiat currency conversion provided by Visa, eliminating the need to manage complex digital assets. This move strengthens Visa’s position in the rapidly evolving world of cryptocurrency adoption, bridging traditional financial methods and digital assets. Visa’s CEO highlighted this move as part of a larger strategy to integrate blockchain technology into everyday financial transactions. The company has not yet confirmed which specific stablecoins or blockchains will be supported, but it is anticipated that popular options like USDC and USDT will be included on Ethereum, Solana, Avalanche, and potentially other emerging networks like Base or Polygon.