Well now, it seems Visa — that old money mogul — has decided to open a few more doors on its settlement platform, adding in some shiny new blockchain friends and a handful of stablecoins just to keep things interesting. All this, while folks are still trying to figure out whether crypto is a blessing or a curse, or maybe just a fancy way to lose your shirt, 🤷‍♂️.
Our good friends at Visa have now thrown open the gates for four blockchains: Ethereum, Solana, Stellar, and Avalanche. That’s right, *four* different places for your digital coins to dance around like a barnyard full of chickens who think they’re royalty. And if that ain’t enough to make your head spin, they’ve also introduced three brand new stablecoins: PayPal USD (PYUSD), the Global Dollar (USDG), and the euro-backed EURC—because who doesn’t love money backed by something as elusive as a unicorn?
Picture this: Visa, the old giant, now trying to be a multi-currency, multi-chain virtuoso, promising to make payments faster, easier, and maybe even fun—well, as fun as dealing with banks can be. They say that when stablecoins are trustworthy, scalable, and all the things that good fairy tales are made of, they can change the way the whole world moves its money around, or so they claim. Fancy talk for “we’re trying to keep up, folks.”
The timing’s just right. Just a few weeks ago, Paxos launched USDG in Europe under their shiny new MiCA rules—because nothing says confidence like a government-approved digital dollar, right? Now, Visa’s supporting that and the euro-backed EURC, making sure both sides of the Atlantic can trade in digital dollars or euros without needing a magic spell.
And the big boss at Visa, Rubail Birwadker, chimes in telling us they’re laying down a foundation that’s more multi-colored than a toddler’s crayon box. “Stablecoins, when trusted and interoperable,” he says, “can truly change how money moves around the world.” Or so they hope while we all keep watching, popcorn in hand, waiting for the next act of the great digital dollar circus.
In the meantime, Visa has been tinkering for a while—back in 2020, they tried using USD Coin (USDC) for settlement, and now in 2024, they’ve rolled out a whole platform for banks and institutions to create their own tokens. The world’s just getting richer, or maybe just more complicated. Who knows? 🍿
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2025-08-01 16:36