Visa Payment Platform – Adds new stabechoin and blockchain network to BITRS

The company now accepts PayPal USD (PYUSD ($ 1.00)), global dollars (USDG ($ 1.00)), and Euro-supported EURC by adding stallers and devices to its platform.

This expansion brings a total support of the visa for four stabeloin and four blockchain networks. The payment processor already worked with USD Coin (USDC ($ 1.00)) on Etharium and Solan Network before this latest update.

Paxos drive partnership with expansion

The visa participated with a blockchain company Paxos to connect two dollars-supported stabechoin. The USDG recently launched in Europe under new crypto regulations, which comes from the digital currency efforts of Pyusd Paple.

Cuy Sheffield, Head of Visa’s crypto, stated that he emphasized visa’s comment for the manufacture of “World Class Onchain Treasury Ability” as the industry moves towards a “multi-stabilcin, multi-chain world”.

Source: Cuysheffield

Visa is building a multi-ken and multi-chain foundation to help our partners around the world, “Rubel Birwadkar, the global head of visa development products and strategic participation, said. He said that trusted stablecoins” can change the worldly as to how the world can run. “

Time aligns with major regulatory changes. After the approval of the paxos after the launch of USDG, the new Mica Crypto Framework of Uurope has been carried forward. The United States also passed the Talent Act this year, making the first federal rules for Stabelin.

I do important things for payment

Traditional international money transfer often takes days and spends significant fees. Banks use old systems such as Swift that require several stages and mediators. A specific payment from Europe to America can spend $ 25-50 and take 1-3 business days to meet.

Stablecoins do different things. They use blockchain techniques to move money with almost minimal fees. A stabechoin transfer on a network such as Solana usually spends less than a center and resides within seconds.

These digital currencies maintain stable values by supporting each token with real dollars or euros organized in bank accounts. This stability made him practical for vocational payments, unlike unstable cryptocurrency like bitcoin.

Adoption

The StableCoin market has increased by $ 5 billion in 2020 to more than $ 200 billion today. Industry data suggests that the volume of StableCoin transactions has jointly crossed the visa and the master card, which has become a “default settlement layer” for Internet payment.

The border pay payments using StableCoins reached 3% of the global market at the beginning of the border paying volume 2025.

Major companies are taking notice. Walmart and Amazon allegedly discovered the launch of their own stabecoin this year. The manufacturer is considering stabechoin for payment crosses over the meta boundaries. Fidelpping of financial firms such as stabelcoin products.

Technical Benefits Driving Business Interest

Businesses cited several reasons to adopt stabechoin payments. Research has shown 48% price rapid settlement time, which 33% appreciated better liquidity and integrated payment flow. Cost Savings Rank -Laver at 30%, companies reduced the performance on price reduction.

The inclusion of avalanche represents the recognition of the technical capabilities of the network. Blockchain processes thousands of transactions per second with low fees, which makes it suitable for high-length commercial payments.

The staller provides simular benefits with cross-bed transactions and focus on finance inclusion. Both networks provide an option to the atherium, which can be experienced accidental during the busy period.

Competitive landscape integer

Visa faces increasing competition in digital payments. Traditional rival Simila Stabelcoin is creating capabilities like MasterCard. Technology companies and fintech startups are also entering space with blockchain-based payment spirits.

In 2020, the company began to experience with Stablecoins through USD coin settlements. Last year, it launched a Tokenization platform to help creating its digital currencies.

Other payment processors are making Similar Motors. Participated with visas on StableCoin Company Bride and StableCoin-Linked Card. PayPal created Pyusd and expands its use in various platforms.

What does it mean to move forward

Visa expansion indications that stabeloin are going to mainstream payment infrastic from experimental technology. The combination of regulator clarity and perfect technology is working between traditional financial institutions.

Multi-chain approach reduces risk and provides flexibility. If a blockchain network is a problem of facilities, the transaction may continue on others. Supporting many stablecoins provides more options for businesses to manage international payments.

This development positivity visa is a visa to occupy more at the growing digital payment market, while it plays a role mainly as traditional and crypto-bash finance super systems as a role as a bridge.

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