Follow UsAnchorage Digital’s Stablecoins Can Now Settle Payments on Visa’s Network
Bullish+0.05%
12 Nov, 16:01
Source: Decrypt
AI Summary
Visa enables settlement of VisaNet obligations using Western Union's USDPT stablecoin, marking a significant expansion of crypto payment rails into traditional finance.
Visa and eligible companies can now use Western Union’s USDPT—issued and custodied by the federally chartered Anchorage Digital Bank—to settle VisaNet obligations.