Visa Business Wire-style release (Jul 16, 2026) announcing Visa Stablecoin Platform (VSP).
- Enterprise platform for FIs, fintechs, crypto natives — single Visa-managed environment
- Begins with Open USD (OUSD) from Open Standard
- Wallet-as-a-Service for onchain wallet infrastructure
- Mint, burn, hold, transfer connectivity for OUSD
- Interoperable with existing Visa stablecoin settlement, stablecoin-linked cards, money movement
- Beta for select clients; broader availability after testing/feedback
"15,000 banks/fintechs" and "200M+ merchants" in secondary coverage refer to Visa's addressable network, not confirmed live VSP adoption.