Visa Unveils Stablecoin Platform to Expand Blockchain Payments

• Visa launched a new platform to help banks and fintechs add stablecoins to everyday payment systems.
• The platform supports treasury, settlements, and money transfers using USDC, USDG, and the new OUSD stablecoin.
• Visa is expanding its stablecoin business as competition grows from payment and crypto companies.

Visa is expanding its push into stablecoins with a new platform designed to help banks, fintech companies, and merchants use digital dollars in everyday payments. The platform will make it easier for financial institutions to integrate stablecoins into existing payment systems, the company told Fortune, as interest in blockchain-based payments continues to grow.

Called the Visa Stablecoin Platform, the service is designed to support treasury management, transaction settlement, and money transfers. Visa said it processes billions of dollars in stablecoin settle…

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