Add as a preferred source on GoogleVisa and Anchorage Back Western Union’s USDPT for Network Settlement
Visa’s stablecoin settlement pace is $25 billion annualized, and more than 225 stablecoin-linked card programs are active worldwide.
Visa and Anchorage Digital are supporting Western Union’s USDPT as a settlement asset on Visa’s network, where annualized stablecoin settlement volume has reached $25 billion.
USDPT is issued by Western Union. Visa and eligible partners can use the token to settle payments on the network.
More than 225 stablecoin-linked card programs are active worldwide. Visa said its stablecoin settlement volume had risen to 10 times its previous level.
The $25 billion annualized pace and the card-program count measure different parts of Visa’s stablecoin business, as TokenPost previously explained.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.