Visa Expands Stablecoin Strategy with Multi-Chain Support and Bank Minting Capabilities

Visa is deepening its commitment to digital currencies, announcing plans to support multiple stablecoins across various blockchains in a bid to modernize its global payment infrastructure.

During the company’s fourth-quarter earnings call on Tuesday, CEO Ryan McInerney revealed that Visa will soon support four stablecoins running on four unique blockchains, covering two fiat currencies that can be converted into over 25 traditional currencies through Visa’s network.

“Stablecoin-linked Visa card spend quadrupled in Q4 compared to a year ago,” McInerney said, noting the growing consumer demand for crypto-backed payment options.

The move aligns Visa with a broader industry trend, as financial institutions accelerate efforts to integrate stablecoins following recent U.S. regulatory clarity surrounding dollar-pegged tokens. In September, Visa launched a pilot program testing stablecoin-based cross-border payments, giving businesses faster and cheaper ways to move money globally.

Since 2020, Visa has facilitated over $140 billion in crypto and stablecoin flows, McInerney said, including more than $100 billion in digital asset purchases made using Visa credentials. The company now operates 130 stablecoin-linked card programs across 40 countries, underscoring its growing role in bridging traditional finance and blockchain ecosystems.

McInerney also disclosed that Visa is enabling banks to mint and burn their own stablecoins, signaling a deeper integration of blockchain infrastructure into the traditional financial system.

With these expansions, Visa appears to be positioning itself as a central player in the emerging stablecoin economy — one that could redefine how value moves across borders, networks, and currencies.