Visa expands stablecoin settlement to PYUSD, USDG and EURC

Visa has expanded its stablecoin settlement platform to include PayPal USD (PYUSD), Global Dollar (USDG) and Circle’s EURC, while adding support for Stellar and Avalanche, according to Crypto Briefing. The move, made in partnership with Paxos, builds on Visa’s existing infrastructure on Ethereum and Solana and enables select partners to settle both USD- and EUR-backed stablecoins, aiming to improve cross-border transaction speed and efficiency.