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Visa Launches Stablecoin Platform for Banks and Fintechs

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Abstract generation in progress
Visa introduced Visa Stablecoin Platform for banks, fintechs and payment providers to issue, hold and transfer stablecoins. The platform combines minting, redemption, wallet infrastructure and treasury management in one enterprise system. CoinGecko puts the stablecoin market at roughly $304 billion. The platform is initially available to select beta users and supports Open USD alongside Visa's existing support for USDC and USDG.
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