Visa built the "operating system" for banks (VSP)
In July, Visa introduced the Visa Stablecoin Platform (VSP). Think of it as a plug-and-play stablecoin toolkit for traditional banks and fintechs.
Instead of traditional institutions sweating over managing private keys, setting up multi-sig wallets, or figuring out how to mint and burn tokens, Visa handed them a slick "Wallet-as-a-Service." Starting with Open USD, an upcoming token, Visa will also support the popular USDC (CRYPTO: USDC) coin later this year. Banks can now hold, move, and settle stablecoins using the same enterprise-grade security tools they're already comfortable with. It's in beta testing for now, pending the Open USD launch.#ParadigmDisclosesZECHolding $AAPL.US
In July, Visa introduced the Visa Stablecoin Platform (VSP). Think of it as a plug-and-play stablecoin toolkit for traditional banks and fintechs.
Instead of traditional institutions sweating over managing private keys, setting up multi-sig wallets, or figuring out how to mint and burn tokens, Visa handed them a slick "Wallet-as-a-Service." Starting with Open USD, an upcoming token, Visa will also support the popular USDC (CRYPTO: USDC) coin later this year. Banks can now hold, move, and settle stablecoins using the same enterprise-grade security tools they're already comfortable with. It's in beta testing for now, pending the Open USD launch.#ParadigmDisclosesZECHolding $AAPL.US
