Visa Launches Stablecoin Settlement on Ethereum
- Visa launches stablecoin settlement on Ethereum, enhancing blockchain infrastructure.
- Initial U.S. partners include Lead Bank and Cross River Bank.
- Supports stablecoins USDC, EURC, PYUSD, and USDG.
Visa has activated stablecoin settlement on Ethereum, adding it to its core payment infrastructure, according to an official announcement made in December 2025.
This expansion potentially streamlines banking operations, highlights blockchain’s payment role, and opens new pathways for integrating digital currencies within traditional financial institutions.
Visa has initiated its stablecoin settlement service on the Ethereum network. This move positions blockchain technology as a pivotal element in Visa’s payment infrastructure, expanding its integration into mainstream financial processes.
Visa’s CEO Ryan McInerney announced the decision, highlighting the addition of support for multiple stablecoins. “Visa is expanding stablecoin settlement because our banking partners are not only asking about it – they’re preparing to use it,” said McInerney in Visa’s official U.S. launch press release. Key partners involved in this initiative include Lead Bank and Cross River Bank, with Visa collaborating with Circle and PayPal.
The introduction of stablecoin settlement is expected to quickly transform financial exchanges, improving the speed and reliability of transactions across markets. This advancement supports consistent fund transfer capabilities throughout the year, including weekends and public holidays.
The financial implications of this decision extend to potential reductions in collateral requirements for banks. This improvement is set to modernize banking operations, creating a smoother workflow for treasury functions within financial institutions.
The broader impact of this change is anticipated to affect multiple layers of the financial sector, providing a bridge between traditional banking and digital currency frameworks. It signifies a critical shift in integrating blockchain with conventional finance systems.
With Visa reporting an annual stablecoin settlement volume of $3.5 billion, this move may prompt further industry adoption of similar technologies. The reliance on multiple blockchains like Ethereum, Solana, and Stellar indicates a diversified strategy aimed at enhancing global payment solutions.
