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Wire · technology

Visa Seeks New Stablecoin Settlement Partner After Mastercard Acquires BVNK

19 August 2026 · By · Wire by Fusion42

Published

19 August 2026

Topic

technology

◆ Sectors

Fintech

◆ Geography

United States

◆ Source

Read at blockhead.co →

◆ Verified

Fusion42 · 19 August 2026 · Fusion42 review

Visa is urgently seeking a new stablecoin settlement partner after Mastercard acquired BVNK, Visa's previous infrastructure provider. The new partner must support multiple stablecoins including Open USD and hold crypto exchange licenses in the US, Canada, UK, and Singapore.

This Wire brief sits within Fusion42's coverage of Fintech, and 2 sources have reported it between 18 Aug 2026 and 19 Aug 2026.

◆ ◆ The Wire takeaway

Visa's stablecoin settlement infrastructure just became unsettled. If you build settlement or trading solutions for stablecoins, your chance to become Visa's partner has just opened wide.

◆ Coverage

2 sources · first reported 18 Aug 2026 · latest 19 Aug 2026

◆ Related on Wire

◆ Topics

Fintechstablecoinpaymentsmastercardvisacrypto-licensingopen-usd