Visa to support settlements for USDG, PYUSD, and EURC

Visa is adding settlement support for two additional USD-backed stablecoins, two blockchains, and Circle’s euro-backed EURC. The firm will add settlement support for Global Dollar (USDG) and PayPal USD (PYUSD) to transform two of its most trusted USD-backed digital assets. The payments platform will also add support for two blockchains, Stellar and Avalanche, adding to its support of Ethereum and Bitcoin. The firm said it’s building on its leadership in the industry to enable support for more stablecoins to improve settlement transactions. Visa partners with Paxos to offer stablecoin settlement solutions Today, @Visa announced support for Paxos‑issued USDG and PYUSD...