Visa Seeks New Stablecoin Payments Partner - bloomingbit

Visa has issued a request for proposals seeking a stablecoin payments and OTC trading partner that holds digital-asset exchange licenses in the US, Canada, the UK, and Singapore, CoinDesk reported on August 18. The new partner would need to support exchanges and services across multiple stablecoins and would handle payment processing for the Open USD project. Visa's search follows Mastercard's acquisition of its former stablecoin payments partner BVNK earlier this year, and the candidate pool is limited since applicants must hold licenses in all major markets.