Defi
Visa Adopts Open USD as First Stablecoin on New VSP, Backed by 140+ Firms
COINOTAG·July 17, 2026·1 min read
Visa launched the Visa Stablecoin Platform (VSP) on July 16, enabling banks, fintechs, and crypto firms to mint, redeem, transfer, and custody stablecoins through a single interface. Open USD became the first stablecoin adopted on the new platform, backed by over 140 firms. The initiative aims to streamline stablecoin operations for institutional participants.
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