Visa Allows Western Union's USDPT Stablecoin to Settle VisaNet Payments
STABLECOINVisacoinbrief/daily · 1 source
- Severity
- Low
- Sources
- 1
What happened
Visa and eligible companies can now use a stablecoin called USDPT, created by Western Union, to settle payment obligations on Visa's network. The coin is issued and held by Anchorage Digital Bank, a federally chartered bank.
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Who and what is in it
Companies