Visa isn't launching its own stablecoin.

It's building the infrastructure that powers them.
The payments giant has introduced the Visa Stablecoin Platform (VSP) — a new enterprise solution that allows banks, fintech companies, and crypto projects to issue, store, transfer, and redeem stablecoins within a single regulated environment managed by Visa.
Banks no longer need to build stablecoin infrastructure from scratch.
Visa is offering a ready-made platform fully integrated with its existing payment rails, including stablecoin settlements and cards.
At launch, the platform will support OUSD from the Open Standard consortium.
The bigger picture:
The future of payments won’t belong to a single stablecoin.
It will belong to the infrastructure connecting them to the global financial system.
Visa wants to become that operating system.
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