# Visa Unveils Stablecoin Platform With OUSD at Its Core

*Author: Bankless*
*Published: Jul 16, 2026*
*Source: https://www.bankless.com/de/read/news/visa-unveils-stablecoin-platform-with-ousd-at-its-core*

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Visa announced the [Visa Stablecoin Platform](https://investor.visa.com/news/news-details/2026/Visa-Introduces-Platform-for-Stablecoin-Minting-Movement-and-Management/default.aspx) (VSP) today, an enterprise environment where banks, fintechs, and crypto firms can mint, hold, transfer, and redeem stablecoins in one hub, with the forthcoming Open USD (OUSD) as its first supported token.

### **What's the Scoop?**
- **The offering:** VSP bundles Wallet-as-a-Service infrastructure with enterprise-grade guardrails like dual-approval workflows, audit logging, passkeys, and transfer allow lists. Institutions get stablecoin plumbing that plugs into the Visa treasury, settlement, and money-movement tools they already run.
- **OUSD front and center:** The platform is launching with direct connectivity for minting and burning Open USD, the consortium stablecoin backed by +100 firms (Visa, Stripe, Mastercard, BlackRock, and Coinbase among them) that will share nearly all its reserve yield with distributors. OUSD itself is slated to go live later this year.
- **Zooming out: **A day after [Stripe's PayPal takeover bid](https://www.bankless.com/read/the-stablecoin-logic-of-stripes-paypal-bid) exposed a potential arms race for stablecoin distribution, the card network being bypassed is arming its 200M merchant empire with mint-and-burn buttons. If the interchange moat must shrink, then Visa can become a tollbooth on whatever replaces it.
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