Visa Launches Stablecoin Platform to Serve Over 200 Million Merchants

By: rootdata|2026/07/16 14:02:54

Visa has introduced the Visa Stablecoin Platform, aimed at helping banks and fintech companies integrate stablecoin payment capabilities into existing payment and fund management systems. The platform will provide stablecoin service support to approximately 15,000 financial institutions and over 200 million merchants worldwide, allowing businesses to use USD stablecoins for settlement and financial management within traditional payment networks. Visa processes around $150 trillion in payment transactions annually and has handled stablecoin settlement transactions worth billions of dollars. In its initial phase, the new platform will support the new stablecoin OUSD launched by the Open Standard Alliance, while also being compatible with existing USDC and USDG. Visa believes that stablecoins are a crucial component of future financial infrastructure, offering advantages such as instant settlement, low-cost transfers, and transparency with traceability. Visa has already established a presence in the stablecoin space, becoming the first global payment network to support USDC settlements in 2020 and launching a stablecoin settlement program in 2025. Meanwhile, competitors like Mastercard and American Express are also accelerating their entry into the stablecoin market, pushing stablecoins to become an essential part of global financial infrastructure.

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