Visa has announced support for four stablecoins on four separate blockchain networks, enabling conversion into 25 national currencies. The update was revealed during the company’s Q4 2025 earnings call.
CEO Ryan McInerney highlighted the company’s continued investment in innovation throughout 2025. He described Visa as a “hyper-scaled platform” that allows payment participants to operate using the “Visa-as-a-Service” stack, which consists of multiple layers:
- Core layer – the underlying network enabling seamless money movement
- Service layer – foundational tools and services
- Solutions layer – ready-to-use payment and financial products
- Access layer – SDKs and APIs for developers
At the foundation of this stack is Visa’s “network of networks,” which has been scaled to 12 billion points of acceptance. Visa has also broadened the range of supported currencies to include the four newly integrated stablecoins, pegged to two main currencies, convertible into 25 others. Additionally, preparations are underway for the next-generation VisaNet processing center.
Previously, by July 2025, Visa supported three stablecoins: PYUSD, USDG, and EURC. The four stablecoins referenced by McInerney likely include these existing assets. Furthermore, in September 2025, Visa piloted cross-border payments using USDC.
Other highlights from the call include:
- Visa Tokens have grown to 16 billion, replacing traditional PANs in digital transactions.
- The Visa Scam Disruption system prevented losses totaling $1 billion.
- Since 2020, Visa has processed $140 billion in crypto and stablecoin transactions.
- Visa continues to enhance services like Visa Intelligent Commerce, an AI system for personalized and secure transactions.
- The new MCP Server allows AI solutions to interact seamlessly with Visa APIs.
McInerney emphasized that Visa has evolved beyond a card network into a platform for building a wide array of financial products, from payments and crypto assets to business cards and AI-powered tools. With infrastructure, ready-made solutions, and open APIs, the company enables participants to operate on Visa as if it were a cloud-based service.
Western Union is also exploring stablecoin solutions, planning to launch its own asset in this category during the first half of 2026.
