Visa Expands Multichain Stablecoin Network Centered on Ethereum
Visa has expanded its multichain stablecoin network, anchoring settlement and security on Ethereum while integrating Solana, Avalanche and Stellar to handle higher-speed, lower-cost transactions. Ethereum will act as the core settlement and finality layer, with the other chains providing throughput and efficiency for everyday payments and remittances. The architecture aims to give merchants and partners multiple rails depending on latency and cost needs without sacrificing a common security anchor.
Why it matters: combining Ethereum’s widely used settlement layer with faster networks could lower on-chain settlement times and reduce fees for cross-border and point-of-sale use cases, while keeping a unified compliance and custody model. The expansion reinforces ETH’s role in payment infrastructure and could accelerate enterprise adoption of tokenized money, though interoperability, liquidity routing and regulatory oversight will determine how quickly the new multichain setup scales in practice.