Visa expands stablecoin support, bullish for payment adoption

Visa's expansion of stablecoin support to Ethereum, Solana, Stellar, and Avalanche, integrating USDC, EURC, PYUSD, and USDG, is a highly bullish development for both Visa (V) and the broader cryptocurrency ecosystem. This move signifies increased mainstream adoption of stablecoins for cross-border payments, reducing friction and improving settlement times. For Visa, it solidifies its position as a key player in the evolving digital payments landscape. For the supported blockchains (ETH, SOL, XLM, AVAX), it means increased utility, transaction volume, and potential for further ecosystem growth. The mention of 'stablecoin-linked card spending has quadrupled year-over-year' further underscores the rapid growth and acceptance of these digital assets in real-world use cases.