Visa launched a stablecoin platform that lets banks and fintechs issue, manage and settle digital dollars through its payments network.

Open Standard's stablecoin is expected to become a major competitor to Circle's USDC, the dominant stablecoin in the U.S.

The Visa Stablecoin Platform lets financial institutions integrate stablecoin payments and treasury operations into Visa's existing network.

Visa launched a stablecoin platform that lets banks and fintechs issue, manage and settle digital dollars through its payments network.

Visa launched a stablecoin platform that lets banks and fintechs issue, manage and settle digital dollars through its payments network.

Visa launched the Visa Stablecoin Platform with Open USD support, letting banks issue and settle stablecoins, sending Circle shares down roughly six percent.

Visa launched the Visa Stablecoin Platform, an enterprise system supporting Open USD, crypto head Cuy Sheffield said, with Fortune citing reach to 200M+ merchants.

Visa launched its Stablecoin Platform (VSP) in beta, enabling banks and fintechs to mint, manage, and settle stablecoins within its global payments network.