Payment giant Visa launches enterprise level stablecoin service platform Odaily Planet Daily News: Global payment giant Visa is accelerating its layout of stablecoin infrastructure, launching the Visa Stablecoin Platform to help banks and fintech companies integrate stablecoin payment capabilities into existing payment and fund management systems. It is reported that the platform aims to provide stablecoin service support for Visa's approximately 15000 financial institutions and over 200 million merchants worldwide, allowing businesses to use USD stablecoins for settlement, fund flow, and financial management in traditional payment networks. Visa currently processes approximately $15 trillion in payment transactions annually and has processed billions of dollars in stablecoin settlement business. The company hopes to further expand the application scope of stablecoins through the new platform. The Visa Stablecoin Platform will initially support the new stablecoin OUSD launched by the Open Standard Alliance, while continuing to be compatible with Visa's existing stablecoins, including Circle issued USDC and Paxos issued USDG. Visa believes that stablecoins are becoming an important component of future financial infrastructure, with advantages including: instant settlement: transactions do not rely on traditional bank clearing cycles; Low cost transfer: based on blockchain network to reduce payment costs; Transparent and traceable: On chain transaction records provide higher verifiability. Visa has been continuously expanding its presence in the stablecoin field. In 2020, Visa became the first global payment network to support USDC settlement; In 2025, the company will launch a stablecoin settlement plan to further promote the entry of stablecoins into mainstream payment systems. At the same time, Visa's competitors are also accelerating their entry into the stablecoin market. Mastercard has recently launched a stablecoin settlement solution and partnered with companies such as MoonPay and Paxos; American Express also participates in the development of the Open Standard ecosystem. With traditional payment giants increasingly integrating stablecoins, stablecoins are gradually transforming from payment tools in the cryptocurrency industry to an important component of global financial infrastructure.