DeFi Intel

Visa looking for new stablecoin settlement partner after BVNK sale to Mastercard

Visa is seeking a new stablecoin settlement partner with licenses across multiple regions to replace BVNK, which Mastercard acquired. The partner must support swapping various stablecoins and settlement for the Open USD project. Visa wants one settlement and OTC partner licensed in the U.S., Canada, the UK and Singapore, narrowing potential options.

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