Visa Launches Internal Stablecoin Platform, Adds Access to OUSD
Visa Launches Internal Stablecoin Platform, Adds Access to OUSD Visa is rolling out the Visa Stablecoin Platform, an internal system letting banks and fintechs handle stablecoins within their existing Visa payment and treasury workflows. The platform will launch with OUSD (Open Standard USD), the new stablecoin backed by 140+ companies including Visa, Stripe, Mastercard, BlackRock, and Coinbase, widely seen as a potential rival to Circle's USDC. Businesses will be able to mint and redeem OUSD without fees or volume limits. Visa already supports Circle's USDC and Paxos' USDG, and the new pla…
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