Visa’s settlement network has gained another stablecoin: Western Union’s USDPT can now be used to pay VisaNet obligations.
The integration was made possible through a partnership with Anchorage Digital. An announcement from Anchorage Digital confirms that Visa and eligible partners can use USDPT for settlement. The source does not specify which stablecoins this settlement channel previously supported or its scale.
· What’s confirmed is that eligible partners now have another way to meet payment obligations; USDPT has not therefore become a universal option for all partners.
· Visa’s settlement network has a scale of $25 billion, but the source does not say how much of that USDPT could account for.
Would you rather track the number of USDPT settlements or changes to the list of participating partners?
The integration was made possible through a partnership with Anchorage Digital. An announcement from Anchorage Digital confirms that Visa and eligible partners can use USDPT for settlement. The source does not specify which stablecoins this settlement channel previously supported or its scale.
· What’s confirmed is that eligible partners now have another way to meet payment obligations; USDPT has not therefore become a universal option for all partners.
· Visa’s settlement network has a scale of $25 billion, but the source does not say how much of that USDPT could account for.
Would you rather track the number of USDPT settlements or changes to the list of participating partners?
