Visa is launching Visa Stablecoin Platform to help banks and fintech companies add stablecoin payment capabilities to their existing payments and treasury infrastructure, according to Fortune.
The company said the platform is meant to support stablecoin services for about 15,000 financial institutions and more than 200 million merchants across Visa’s global network. Businesses using the platform will be able to use U.S. dollar stablecoins for settlement, fund movement, and financial management inside traditional payment systems.
OUSD at launch, with USDC and USDG compatibility
At launch, Visa Stablecoin Platform will support OUSD, a new stablecoin introduced by the Open Standard alliance. It will also remain compatible with stablecoins Visa already supports, including Circle’s USDC and Paxos-issued USDG.
Visa currently processes about $15 trillion in payment transactions each year and has already handled stablecoin settlement volume in the billions of dollars. The company is using the new platform to broaden the range of stablecoin use cases.
Visa says stablecoins can improve settlement and transfers
Visa views stablecoins as an increasingly important part of future financial infrastructure. In its framing, the main advantages include instant settlement without relying on traditional bank clearing cycles, lower-cost transfers through blockchain networks, and more transparent, traceable records through on-chain transaction history.
Payment rivals are moving into the market as well
Visa has been building in stablecoins for several years. In 2020, it became the first global payments network to support USDC settlement. In 2025, the company launched a stablecoin settlement program aimed at pushing stablecoins deeper into mainstream payments.
Rivals are moving in the same direction. Mastercard recently introduced its own stablecoin settlement solution and has partnered with companies including MoonPay and Paxos. American Express is also participating in the Open Standard ecosystem.
As major payment networks add stablecoin support, stablecoins are moving beyond their earlier role as a crypto-native payment tool and becoming part of broader global financial infrastructure.