Visa expands support for four Blockchains and stablecoins, with Crypto Assets spending soaring fourfold last quarter.

Global payment giant Visa announced that it will support four types of stablecoin across four public chains, noting that stablecoin card spending in the last quarter has grown fourfold compared to last year, indicating that TradFi is accelerating its embrace of Blockchain infrastructure. Meanwhile, Solana founder Toly also pointed out that stablecoins will fundamentally compress the operating costs of banks and financial service providers, reshaping the profit structure of the payment industry.

Visa Expands Support: Integration of Four Major Stablecoins with Public Blockchains

Visa CEO Ryan McInerney announced during the fourth-quarter earnings call that the company will add support for four stablecoins, four public chains, and two fiat currencies, totaling support for exchanges involving over 25 types of legal tender. This signifies that stablecoins are gradually being integrated into the global clearing system, rather than just serving as an external payment option.

He added that the spending amount on Visa cards related to stablecoins in the last quarter surged fourfold year-on-year, indicating a growing demand for cryptocurrency payments. Since 2020, Visa has processed over $140 billion in cryptocurrency and stablecoin transaction volume, with users purchasing over $100 billion in crypto assets:

Currently, there are more than 130 Visa card issuance programs related to stablecoins globally, spread across more than 40 countries.

McInerney also revealed that Visa is gradually allowing banks to mint and burn stablecoins (mint & burn), enabling them to settle directly within the Visa network.

(Visa announced the addition of support for two major USD stablecoins! The settlement network adds two major public chains, and some pilot partners support the Euro stablecoin)

From Settlement Revolution to Cost Compression: The True Power of Stablecoins

The founder of Solana, Toly, made deeper observations about this phenomenon. He pointed out that companies like Western Union, which handle money flows, if they want to operate global payment services, must either rely on the banking network or establish an expensive banking operation structure themselves:

However, stablecoins are changing all of this. They can significantly reduce bank op costs (bank op costs), bringing the costs of cross-border transfers and settlements down to almost zero.

He used Visa as an example, pointing out that Visa's profit accounts for only about 0.1% of the total transaction volume, but the fees actually paid by merchants and consumers can be several times or even ten times higher, mainly due to the high costs of banks and backend settlement.

( Western Union will issue the stablecoin USDPT on Solana, expected to go live in the first half of 2026 ).

Who can succeed in the new era? The key lies in the “user interface”.

Toly also pointed out that the reason stablecoins have not yet directly replaced Visa, Stripe, or other remittance or payment processors is that “mastering the user interface” is key.

The technology of stablecoins, while cheap and efficient, lacks sufficient brand trust, customer support, and experience design, which still gives traditional payment companies an advantage.

He predicts that as banking costs continue to be compressed, financial operators with strong customer relationships and trust will be the first to turn to stablecoin settlements, enabling them to serve more customers at a lower cost; consumers will benefit from lower fees and a faster cross-border payment experience.

After regulatory establishment, American companies lead the global stablecoin infrastructure.

Since the United States clarified the regulatory framework for the US dollar stablecoin, traditional payment giants such as Visa, PayPal, and Western Union have accelerated their actions and begun to incorporate stablecoins into their core infrastructure.

Visa's cross-chain settlement symbolizes that the global payment system is entering a new phase of fiat tokenization. In the coming years, stablecoins will transition from being a part of cryptocurrency to becoming the settlement unit of the entire financial system, reshaping the power landscape of traditional banking and the payment industry.

This article discusses how Visa expands support for four blockchains and stablecoins, with cryptocurrency spending in the last quarter surging fourfold, first appearing on Chain News ABMedia.