PYMNTS· PYMNTS·· 2 hours agoSelectedAI score70
Visa and Anchorage Digital partner to support Western Union’s USDPT stablecoin settlement
Visa Expands Stablecoin Services With Anchorage Partnership
AI brief
AI-assisted source summary · not independently verified. Content standards
Visa and Anchorage Digital are partnering to enable eligible Visa partners to use USDPT, a USD-backed stablecoin issued by Anchorage Digital Bank, to settle amounts payable to Visa, while establishing a framework to support more tokens issued by Anchorage in the future.
Why it matters
The article makes Visa’s stablecoin settlement arrangement concrete by showing partners using USDPT to fulfill payment obligations, and presents the issuance, custody, and settlement infrastructure required for institutional adoption of on-chain settlement.
Source:PYMNTS · pymnts.com