.png){kind=logo}
Visa announced plans to expand its digital asset infrastructure by adding support for four stablecoins on four different blockchains. CEO Ryan McInerney disclosed the initiative during Visa’s fourth-quarter earnings call. He said the stablecoins would represent two currencies that Visa can accept and convert into more than 25 fiat currencies across its network.
The company did not name the new assets or chains. However, McInerney pointed to rising customer demand and broader product work in stablecoins. The remarks extend Visa’s ongoing blockchain integrations and prior pilots.
Visa also continues work on cross-border functionality. In late September, the firm introduced a Visa Direct pilot to pre-fund payouts with stablecoins. The pilot aims to deliver faster liquidity to businesses that move money across borders.
The pilot focuses on operational speed and treasury flexibility. It uses stablecoins for prefunding while recipients still get local currency. Visa positioned the effort as an added rail within its existing systems.
McInerney reported a sharp uptick in usage. Stablecoin-linked Visa card spending quadrupled in the fourth quarter compared with a year earlier. Since 2020, Visa has facilitated over $140 billion in crypto and stablecoin transactions. He also cited more than 130 stablecoin-linked card issuing programs operating in over 40 countries. These metrics point to growing adoption among cardholders and issuers.
Visa plans to extend its infrastructure as demand builds. McInerney said Visa has begun enabling banks to mint and burn their own stablecoins via the Visa Tokenized Asset Platform, which the company promotes as a tool for regulated issuance and on-chain operations. The firm also continues to layer stablecoin capabilities into Visa Direct to support quicker cross-border transfers.
Visa also discussed new issuer features. The company aims to equip banks with tools to mint and burn tokens in accordance with regulatory controls. That approach maintains compliance guardrails while enabling public blockchain access for traditional institutions.
Also Read: UAE Golden Visa Holders to Get 24/7 Global Support and Emergency Services
In addition to Visa, Western Union announced plans to launch the U.S. Dollar Payment Token (USDPT) on the Solana blockchain in the first half of 2026. Anchorage Digital Bank will issue the token. The company said the product aims to speed up global transfers and improve treasury operations while using its compliance controls.
The money transfer provider also introduced a Digital Asset Network to link wallets with cash off-ramps. Western Union framed the initiative as an expansion of its payment rails rather than a replacement, targeting lower-cost and near-instant settlement for remittances. The announcement adds to a wave of traditional finance firms testing dollar-backed tokens for cross-border payments.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.
