BUSINESSCOINDESK
Visa backs Open USD with new stablecoin platform as Circle faces fresh competition
Visa has announced support for Open USD's new stablecoin platform. This development positions Circle, a major player in the stablecoin market, to face increased competition.
Related Signal
Adjacent reporting
- Exclusive: Visa launches new platform to provide stablecoin services to more than 200 million merchants
- Visa says stablecoins will power micro-commerce in AI agentic economy
- Zelle to expand peer-to-peer payment service to India this year
- Ripple’s dollar stablecoin expands to Turkey through three local platforms
- Why Payward chose Hong Kong to be its Asian stablecoin gateway