Crypto
Visa expands stablecoin push with OpenUSD, tokenised deposits and onchain wallets
Visa has unveiled a stablecoin strategy that includes OpenUSD, tokenised deposits and onchain wallet infrastructure. The company said it is expanding investment across the stablecoin ecosystem and has joined the Open Standard Consortium to pursue issuance of the OpenUSD stablecoin for global fund transfers. Visa plans to let partners settle directly with it in stablecoins and to support movement between fiat currencies and stablecoins. It also plans to support tokenised deposits by linking its platform with Pismo.
