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Visa Stablecoin Platform Launches with Open USD Support

Published

17 July 2026

Topic

opportunities

Sectors

Fintech

Geography

United States

Source

Read at en.cryptonomist.ch

Verified

Fusion42 · 18 July 2026 · Fusion42 review

Visa launched an enterprise stablecoin platform supporting Open USD, USDC, and USDG, with Open USD offering fee-free minting and revenue-sharing that returns most reserve income to distribution partners rather than the issuer. The move has triggered immediate competitive pressure on Circle, with Mizuho cutting its price target from $85 to $50.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ The Wire takeaway

If you build fintech rails on USDC, Visa just became your competitor—and gave customers a reason to switch by turning stablecoin distribution into a revenue stream instead of a cost. Call your existing customers before they see the Visa pitch.

Coverage

1 source · 17 Jul 2026

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Topics

Fintechstablecoinspayment-infrastructuredistribution-networksusdc-competitionopen-usd