In 2024, Visa – global payments superpower – did $13.2T in total payments volume, according to the company’s fiscal EOY report. That was up nearly 8% from the previous year.
Now, Visa wants a piece of that action, announcing a major expansion for its crypto support. Will the move pay off?
And, to facilitate European transactions, it added Circle’s euro‑backed $EURC as well ($206M market cap).
On the blockchain side, PayPal’s multi‑chain architecture now includes Stellar and Avalanche, joining Ethereum and Solana. Four blockchains supported marks Visa’s shift toward a more robust multi‑chain settlement layer.
Given that ‘moving money around the world’ is exactly what Visa is all about, adding blockchain support makes perfect sense.
Visa’s stablecoin journey began in 2020 with $USDC pilot settlements, and the new additions bring the platform to four stablecoins across four networks, supported by real‑world deployments from banks, fintechs, and card issuers.
The act required full‑reserve backing, Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance, and issuer oversight.
So far, the promise of better oversight has served as a catalyst from more adoption..
Growing crypto adoption also highlights a different development: the ever-growing importance of a reliable, easy-to-use web3 wallets to facilitate onboarding for retail users.
Although already live, the wallet is fundraising to fuel further Web3 feature integrations. Its token, $BEST, has already raised over $14M from investors.
Basic utility features the $BEST token provides within the ecosystem include:
But Best Wallet offers more, with an exclusive ‘Upcoming Tokens’ section that provides early access to the best and brightest crypto presales.
And like Visa, Best Wallet has an eye on the future.
Moreover, the Best Wallet and Best Token will soon add debit card to the lineup, making crypto not only secure, but easy to use for retail payments.
Essentially, Best Wallet is fundraising to build a fully-fledged Web3 ecosystem, but make it feel like the traditional fiat experience we’re already used to.
The presale has already raised $14.3M, so don’t delay. With tokens priced at $0.025415, there’ll never be a better time to make your move.
With Visa expanding its native crypto support, developers and wallets gain new stablecoin and blockchain options, reducing vendor lock‑in. Cross‑border settlement should also become faster and easier.
And as stablecoins transition from niche crypto tools to mainstream financial rails, Visa’s updated infrastructure delivers flexibility in currency (USD, EUR), token choice ($USDC, $PYUSD, $USDG, $EURC), and blockchain (Ethereum, Solana, Stellar, Avalanche).
As always, do your own research before investing in crypto. This article isn’t financial advice.
