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Visa launches stablecoin platform for financial institutions and fintechs.
3 sourcesFirst reported 5 days agoUpdated 5 days ago
Untold
No left-leaning outlet covered this story. You are only seeing one side of the political spectrum.
Untold
No right-leaning outlet covered this story. You are only seeing one side of the political spectrum.
Center 100%
3 center
No left-leaning outlets covered this story. Coverage comes exclusively from centrist or right-leaning sources. Left-leaning media may consider the story insignificant, or the story challenges progressive narratives. Seek out left-leaning commentary to complete the picture.
What all sources covered
- Visa has launched a stablecoin platform that allows financial institutions and fintech companies to mint, move, and manage stablecoins.
- The platform enables banks and fintechs to issue, manage, and settle digital dollars within Visa's payments network.
- This initiative introduces Open USD (OUSD), which is poised to compete with Circle's USDC, currently the leading stablecoin in the U.S.
- The rollout aims to enhance digital currency services for Visa's clients across the financial sector.
- Visa's entrance into the stablecoin space adds fresh competition to the existing digital currency market.
3 sources
Who reported first
The BlockFirst
CoinDesk+59m
Finextra+3h
All coverage
