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Morning Edition · Friday, July 17, 2026Published at 1:28 AM EDT · New York
Visa Opens a Stablecoin Platform for Banks, Starting With the Open USD Standard
The system lets institutions issue, hold, and redeem digital dollars through Visa's network, and Circle shares fell about 5 percent as a rival distribution model appeared.
Visa unveiled the Visa Stablecoin Platform, a system that lets banks and financial-technology firms issue, store, transfer, and redeem stablecoins through infrastructure Visa manages, CoinDesk reported. The platform launches with support fo…
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