Visa launches platform to offer business stablecoin services

Visa has launched a new platform to provide stablecoin services to more than 200 million merchants, Unfolded reported. The platform allows banks and fintech companies to integrate stablecoins such as OUSD, USDC, and USDG into Visa's existing payment and treasury systems. It targets 15,000 institutions and is already processing billions of dollars in stablecoin transactions.