Visa Launches Visa Stablecoin Platform: Preparing for the Era of Stablecoin Payments
Visa has officially unveiled the Visa Stablecoin Platform (VSP), a new infrastructure that enables banks, fintech companies, and financial institutions to issue, custody, transfer, and redeem stablecoins within a unified system. The first stablecoin integrated into the platform is Open USD (OUSD), a digital currency developed by the Open Standard Alliance, which includes more than 140 global companies and financial institutions.This move demonstrates that Visa no longer views stablecoins as an e