Svmuu News: Global payment giant Visa is accelerating its expansion into stablecoin infrastructure with the launch of the Visa Stablecoin Platform, which helps banks and fintech companies integrate stablecoin payment capabilities into their existing payment and funds management systems.Reportedly, the platform is designed to provide stablecoin service support to Visa’s approximately 15,000 financial institutions and more than 200 million merchants worldwide, enabling businesses to use U.S. dollar-pegged stablecoins for settlement, fund transfers, and financial management within traditional payment networks.
Visa currently processes approximately $15 trillion in payment transactions annually and has already handled billions of dollars in stablecoin settlement transactions.The company hopes to further expand the scope of stablecoin applications through this new platform. Initially, the Visa Stablecoin Platform will support OUSD, a new stablecoin launched by the Open Standard Alliance, while continuing to support Visa’s existing stablecoins, including USDC issued by theCircleand USDG issued by Paxos.Visa believes that stablecoins are becoming an important part of the future financial infrastructure, with advantages including:
Instant settlement: Transactions do not rely on traditional bank clearing cycles;
Low-cost transfers: Blockchain networks reduce payment costs;
Transparency and traceability: On-chain transaction records provide greater verifiability.
Visa has been actively expanding its presence in the stablecoin space. In 2020, Visa became the first global payment network to support USDC settlements; in 2025, the company launched a stablecoin settlement program to further drive the integration of stablecoins into mainstream payment systems.
Meanwhile, Visa’s competitors are also accelerating their entry into the stablecoin market.Mastercard recently launched a stablecoin settlement solution and has partnered with companies such as MoonPay and Paxos; American Express is also participating in the development of the Open Standard ecosystem.
As traditional payment giants increasingly adopt stablecoins, stablecoins are gradually evolving from payment tools within the crypto industry into an integral part of the global financial infrastructure. (Fortune)