VISA initiates a "beta" release of "VISA Stablecoin Platform" (VSP) an expansion of its stablecoin infrastructure to support its network of ~ 15,000 financial institutions ~ 200M merchants. Participating institutions can mint, burn, hold, redeem, and transfer the OUSD stabelcoin to enable them to embed stablecoin capabilities into treasury, liquidity, and payment operations. Further, clients can use Visa’s Wallet-as-a-Service infrastructure or connect existing wallets while linking bank accounts and establishing internal approval policies. VISA clams the platform includes dual-control authorization, audit logging, secure passkeys and transfer allow lists designed to satisfy institutional governance and security requirements. https://news.bitcoin.com/visa-stablecoin-platform-pushes-institutional-payments-onchain-with-open-usd/ #VISA #Crypto #Stablecoins #OUSD #CryptoCurrencies #Blockchain #FinancialServices #CryptoWallets #VSP #Security #Treasury #Liquidity #Banking #Credit