Stablecoin News: Visa Launches Platform for Minting, Transfers and Management
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Visa Launches Stablecoin Platform for Banks and Fintechs - Invest In Crypto News
Visa has unveiled a new platform designed to help banks, fintech companies and payment providers issue, store, transfer and redeem stablecoins through its payments network, expanding the card giant’s push into blockchain-based finance. The launch marks a significant step beyond simple stablecoin settlement, giving institutions a full operating layer for onchain money movement without forcing them to build their own blockchain infrastructure from…
Stablecoin News: Visa Launches Platform for Minting, Transfers and Management
Key Insights: Visa launched VSP to help institutions mint, move, redeem, and manage stablecoins through one platform. The platform initially supports Open USD and includes Visa-managed Wallet-as-a-Service infrastructure. VSP is in beta with select clients and connects stablecoin activity to Visa’s payment and settlement tools. Visa has launched the Visa Stablecoin Platform, or VSP, to help financial institutions, fintechs, and crypto companies …
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