Woofun AI reports that Visa has introduced a new stablecoin platform designed to offer integrated services for banks and fintech firms. The initiative aims to facilitate the incorporation of stablecoins into current payment, settlement, and transfer frameworks for approximately 15,000 financial institutions and over 200 million merchants.

The infrastructure utilizes Open Standard's OUSD as its strategic foundation, alongside support for USDC and USDG. This move allows clients to bypass complex blockchain interactions, focusing instead on payment experiences with instant settlement and reduced costs, building on Visa's existing billions in stablecoin transaction volume.