Wire · opportunities
Visa Stablecoin Platform Launches with Open USD Support
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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.
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1 source · 17 Jul 2026
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