Visa Widens Its Stablecoin Routing Network
Visa is broadening its stablecoin settlement pilot into a multi-chain routing layer, signaling a bigger shift toward onchain payment infrastructure.
What is this trend?
Visa is turning its stablecoin pilot into a multi-chain routing network, widening how issuers, currencies, and payment flows can move across onchain rails.
- Visa added five blockchains, expanding support to nine networks and multiple stablecoins.
- The pilot is shifting from settlement proof-of-concept to a routing layer for payments and treasury.
- Competition is moving to custody, FX, and interoperability layers, not just token issuance.
- Merchant payouts and cross-border flows are increasingly settling in stablecoins within minutes.
What’s the latest?
Visa expanded its global stablecoin settlement pilot this week by adding five blockchains, lifting support to nine networks and widening currency coverage to USDC, USDG, PYUSD, and EURC.
How it developed
- Stablecoin Settlement Enters Core Rails, Tokenized Assets Power Credit, and Cross-Chain Verification Becomes Control Plane
- Stablecoin Settlement Moves Into Core Payment Rails
Go deeper
Curated long-form picks on this trend — podcasts, videos, and analysis, by vantage.
If you operate in this industry
Payment Giants Are Buying the Pipes Before the Lanes Are Built
News analysis on payment giants’ stablecoin M&A and regulation-driven settlement infrastructure buildout.
Forkast News · News
Read →This Stablecoin Shift is Reshaping Global Cross-Border Payments
News analysis featuring Norman Wooding on stablecoins moving cross-border settlement into core payment rails.
BeInCrypto · News
Read →Automating Crypto Payouts: How APIs Are Changing B2B Payment Operations
Explainer news on API-driven stablecoin payouts, centralizing approvals, settlement, and reconciliation in core rails.
Robotics & Automation News · News
Read →If you sell into this industry
Stablecoin Settlement Powers SoFi Mastercard Payments
Analysis on stablecoin settlement for card clearing, showing crypto moving into core payment rails.
The Wolf Den · Substack
Read →TransFi's Raj Kamal on Stablecoin Payments Versus Speculation | The Fintech Times
Interview with TransFi’s Raj Kamal on stablecoin payments’ shift into core rails, not speculation.
The Fintech Times · News
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Mastercard and SoFi Partner to Settle Card Payments with Stablecoins
Analysis on Mastercard-SoFi stablecoin card settlement, linking blockchain clearing to core payment rails.
Payments Wrap Up · Substack
Read →If you invest in this industry
Stablecoins move billions across borders. How much is payment activity?
News analysis quantifying stablecoin “payment” volume and Visa-linked card growth tied to cross-border routing.
Crypto News · News
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Major Financial Firms Advance Stablecoin Integration and Services
Substack analysis featuring Jeremy Allaire and Jorn Lambert on stablecoin settlement moving into core payment rails.
51 Insights · Substack
Read →COMMENTARY: Stablecoins Are Moving From Crypto Debate to Payments Use Case - Digital Transactions
News analysis commentary on stablecoins’ shift into core payment rails, covering regulation and faster settlement use cases.
Digital Transactions · News
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