Visa launches a stablecoin platform to manage and monetize digital money operations beyond card transactions.
Visa launched the Visa Stablecoin Platform in beta, letting banks, fintechs and crypto firms mint, burn, hold and redeem stablecoins and plug them into Visa's existing payment rails and merchant network. It initially supports Open USD and builds on Visa's Tokenized Asset Platform, extending the company's role beyond card transactions into stablecoin operations.
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