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Visa Launches Stablecoin Service Platform, Plans to Enable On-Chain Payment Capabilities

Global payment giant Visa is accelerating its development of stablecoin infrastructure by launching the Visa Stablecoin Platform, which aims to assist banks and fintech companies in integrating stablecoin payment capabilities into their existing payment and fund management systems. The platform is designed to provide stablecoin service support to approximately 15,000 financial institutions and over 200 million merchants worldwide, enabling businesses to use USD stablecoins for settlement, fund circulation, and financial management within traditional payment networks.

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