Visa Expands Stablecoin Services With Anchorage Partnership
By PYMNTS
AI summary of the source article
Visa expanded its stablecoin settlement capabilities through a partnership with Anchorage Digital supporting Western Union's USDPT token. The arrangement permits eligible Visa partners to settle obligations using USDPT.
Why it matters
The opportunity of stablecoin settlement lies in the fact that money no longer needs to wait for banks to open.
Key facts
- Visa partnered with Anchorage Digital to support Western Union's USDPT token.
- The arrangement allows eligible Visa partners to settle obligations using USDPT.
- The announcement occurred on Thursday, Nov. 12.
Source excerpt · PYMNTS
The opportunity of stablecoin settlement lies in the fact that money no longer needs to wait for banks to open. Visa’s Thursday (Nov. 12) stablecoin expansion, through a partnership with Anchorage Digital supporting Western Union’s USDPT token, brings that opportunity into focus. The arrangement will allow eligible Visa partners to settle obligations using USDPT, a […] The post Visa Expands Stable…