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Western Union launches USDPT Visa card with Rain
Latest Visa News
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South Korea’s Shinhan Financial Group has signed a strategic agreement with Visa to build stablecoin payment infrastructure while expanding its work into AI-powered payments and business transactions. Shinhan Financial Group said Wednesday that the partnership will initially focus on testing…
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Visa has joined Singapore’s BLOOM initiative and selected Nium for a pilot testing seven-day settlement with regulated U.S. dollar and euro-backed stablecoins across cross-border payment flows. Visa said in an announcement that the Monetary Authority of Singapore-led program will test…
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Visa is reportedly seeking a stablecoin settlement partner licensed in four markets after Mastercard completed its BVNK acquisition.
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Open USD launched with 140 partners including Visa, Mastercard and BlackRock. Standard Chartered began rolling out a Hong Kong dollar stablecoin. World Liberty Financial got a bank charter to issue its own. The competition has moved from who can mint a token to who controls the rails it travels on.
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Circle has announced that its Arc blockchain will launch on the public mainnet on Sept. 16, with BlackRock, DTCC, Mastercard, Visa, Standard Chartered, and other global financial institutions serving as founding validators. According to Circle, Arc is currently running on…
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Western Union launches Stablecard in 37 markets, allowing users to receive USDPT remittances and spend through a Rain powered Visa card.
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Visa says it will support multiple stablecoins and chains as Open USD prepares to launch, rather than backing OUSD against USDC or USDT.
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Visa will remain multi-coin and multi-chain as it expands OpenUSD, tokenized deposits and AI commerce after $11.6 billion Q3 revenue.
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RedotPay’s RLUSD card lets 8 million users spend against their XRP without selling it: pledge coins at 50% loan-to-value, borrow in Ripple’s stablecoin, swipe anywhere Visa works. It is being sold as convenience. It is, mechanically, collateralized leverage on a…
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A 2014 prediction of closer ties between crypto startups and payment giants is playing out as Visa and Mastercard expand digital asset partnerships.
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Bitcoin
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Visa launches a stablecoin platform supporting Open USD, giving banks and fintechs tools to issue, store, transfer and redeem digital dollars.
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Visa has outlined how stablecoins and traditional card networks can work together in AI-driven commerce, arguing that low-cost blockchain payments will be critical as software agents begin handling machine-to-machine transactions. According to a joint research report released on Wednesday by…
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HashKey, Shanghai Commercial Bank and Visa launched a Hong Kong credit card offering up to 4% rewards converted into crypto-linked vouchers.
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Visa data shows USDC carrying 70% of adjusted stablecoin volume, double USDT. How Circle won settlement, Tether kept savings, and what breaks the truce.
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On June 30, more than 140 companies, including Visa, Mastercard, Stripe, BlackRock, Google, and Circle’s most important ally, Coinbase, unveiled a stablecoin designed to give away the exact revenue stream Circle lives on. CRCL cratered 17% in a day and…
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Visa, Mastercard, Coinbase, and more than 140 businesses have launched Open Standard, a new stablecoin consortium that plans to issue a U.S. dollar pegged token called Open USD later this year. According to Open Standard, the initiative is designed to…
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