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Visa crypto head Cuy Sheffield unveiled a stablecoin platform that will extend payment services to more than 200 million merchants, starting with Open USD as the initial settlement asset. The move deepens institutional payment-rail adoption of stablecoins, reinforcing the utility narrative for tokenized dollars and pressuring incumbents like PayPal and traditional cross-border processors to accelerate their own crypto integrations. Watch for the rollout timeline, which blockchains host settlement, and whether Visa expands beyond Open USD to USDC or other issuers, as that would signal how much transaction volume actually migrates on-chain.
As a Crypto signal, watch whether it changes price action, volatility, or flows around V, COIN.
Original Source: The Defiant
This page is market information analysis, not investment advice.
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