Visa Expands Stablecoin Settlement Support
Visa's settlement platform is adding support for two additional USD-backed stablecoins, two blockchains and the euro-backed EURC.
What's new
More stablecoins: Through a new partnership with Paxos, Visa will be able to support two additional dollar-backed stablecoins, Global Dollar (USDG) and PayPal USD (PYUSD), bringing the transformative power of two more trusted stablecoins to our partners
More chains: Visa has added support for two blockchains, Stellar and Avalanche, in addition to already supported chains, Ethereum and Solana
More currencies: Visa has integrated Circle's euro-backed stablecoin, EURC
'Visa is building a multi-coin and multi-chain foundation to help meet the needs of our partners worldwide,' said Rubail Birwadker, Global Head of Growth Products and Strategic Partnerships, Visa. 'We believe that when stablecoins are trusted, scalable and interoperable, they can fundamentally transform how money moves around the world.'
Visa continues to build on years of real-world pilots and live stablecoin settlement activity. With these additions, the Visa network is enabled to support four stablecoins and four unique blockchains.
Enabling EURC settlement
With EURC integrated into the Visa Network, select pilot participating Visa partners can now access settlement in both USD- and EUR-backed stablecoins. This extends Visa's crypto and treasury infrastructure capabilities which already facilitates settlement in more than 25 fiat currencies worldwide.
A leading network for stablecoin acceptance
Earlier this year, Visa announced the expansion of its stablecoin-linked card partners. For stablecoin-linked cards to scale, they require a network that:
Meets stablecoin wallets where they are – enabling interoperability across multiple blockchains
Enables flexible settlement options by directly accepting for settlement stablecoins in connection with cards operating across multiple blockchains
Addresses growing market demand, meeting interest from banks, merchants, developers, and fintechs while helping to reduce friction and increase speed for cross- border and onchain transactions
As new stablecoins and blockchains continue to emerge and show promise of true utility, Visa's mission remains clear: build the interoperable layer designed to make stablecoin payments work at scale just as our traditional payments have worked – securely, reliably and globally.
About Visa
Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Globe and Mail
3 hours ago
- Globe and Mail
37 Capital Settles Debt
Vancouver, British Columbia--(Newsfile Corp. - August 5, 2025) - 37 Capital Inc. (CSE: JJJ) ("37 Capital" or the "Company") wishes to announce that further to the Company's news releases dated July 23 & 24, 2025, the Company has issued to a related party (the "Creditor") 1,330,000 common shares at a deemed price of $0.09 per share in settlement of debt totaling the amount of $119,700. All securities that have been issued are subject to a hold period expiring December 2, 2025. Related Party Transaction The Creditor is considered to be a related party transaction within the meaning of Multilateral Instrument 61-101- Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The related party transaction is exempt from minority approval, information circular and formal valuation requirements pursuant to the exemptions contained in Sections 5.5(a) and 5.7(1)(a) of MI 61-101, as neither the fair market value of the securities being issued nor the debt settlement amount exceed 25% of the Company's market capitalization. For more information on the Company, you may contact us at (604) 681-0204, or visit the Company's website at or the CSE's website by using the following direct link: On Behalf of the Board of 37 Capital Inc., "Jake H. Kalpakian" ________________________ Jake H. Kalpakian, President and CEO The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release. Trading in the securities of the Company should be considered speculative. Certain statements contained herein are "forward-looking". Forward-looking statements may include, among others, statements regarding future plans, projected or proposed financings, costs, objectives, economic or technical performance, or the assumptions underlying any of the foregoing. In this News Release, words such as "may", "would", "could", "will", "likely", "enable", "feel", "seek", "project", "predict", "potential", "should", "might", "objective", "believe", "expect", "propose", "anticipate", "intend", "plan", "plans" "estimate", and similar words are used to identify forward-looking statements. Forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those expressed or implied. Although management believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, projections and estimations, there can be no assurance that these assumptions, projections or estimations are accurate. Readers, shareholders and investors are therefore cautioned not to place reliance on any forward-looking statements as the plans, assumptions, intentions or expectations upon which they are based might not occur.
Globe and Mail
6 hours ago
- Globe and Mail
Watts Water Technologies, Inc. Declares Quarterly Dividend
Watts Water Technologies, Inc. (NYSE: WTS) today declared that the Corporation will pay a quarterly dividend of fifty-two cents ($0.52) per share on each outstanding share of the Company's Class A Common Stock and Class B Common Stock, said dividend to be paid on September 15, 2025 to stockholders of record at the close of business on August 29, 2025. Watts Water Technologies, Inc., through its family of companies, is a global manufacturer headquartered in the USA that provides one of the broadest plumbing, heating, and water quality product lines in the world. Watts Water companies and brands offer innovative plumbing, heating, and water quality solutions to control the efficiency, safety, and quality of water within commercial, residential, and industrial applications. For more information visit
Globe and Mail
6 hours ago
- Globe and Mail
Steel Partners Holdings Declares Regular Quarterly Distribution On its Series A Preferred Units
Steel Partners Holdings L.P. (OTCQX: SPLP), a diversified global holding company, today announced that its board of directors has declared a regular quarterly cash distribution of $.375 per unit, payable September 15, 2025, to unitholders of record as of September 1, 2025, on its 6% Series A Preferred Units, no par value ("Series A Preferred"). Any future determination to declare distributions on the Series A Preferred, and any determination to pay such distributions in cash or in kind, or a combination thereof, will remain at the discretion of Steel Partners' board of directors and will be dependent upon a number of factors, including the company's results of operations, cash flows, financial position, and capital requirements, among others. About Steel Partners Holdings L.P. Steel Partners Holdings L.P. ( is a diversified global holding company that owns and operates businesses and has significant interests in various companies, including diversified industrial products, energy, defense, supply chain management and logistics, direct marketing, banking, and youth sports. Forward-Looking and Cautionary Statements: This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. All statements other than statements of historical or current fact included in this press release are forward-looking statements, including statements regarding future cash distributions. These statements are based on management's estimates and assumptions with respect to future events, and are believed to be reasonable, though are inherently difficult to predict. The Company cautions that these forward-looking statements are not guarantees and that actual results could differ materially from those expressed or implied in these forward-looking statements. Undue reliance should, therefore, not be placed on such forward-looking statements. Any forward-looking statements contained in this announcement apply only as at the date of this announcement and are not intended to give any assurance as to future results. Except as otherwise required by law, the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, changed circumstances, or any other reason.
