Anchorage Digital just published a press release on its website: It is partnering with Visa to make some stablecoins issued by Anchorage Digital Bank native settlement assets on the Visa network, starting with Western Union’s USDPT.
The release says Visa and eligible partners can now choose to use USDPT to settle amounts due on VisaNet. This is the first time a stablecoin issued by Anchorage has been connected to this settlement rail, and the two sides have also left the door open to considering other coins in the future.
Anchorage CEO Nathan McCauley said stablecoins make it possible to move money faster, but institutions still need regulated entities behind them. Dan Roesbery, Visa’s vice president of global crypto partnerships, said support for USDPT is intended to give partners another institutional-grade settlement option backed by a federally chartered bank.
For institutions adopting stablecoin settlement, what matters may no longer be just speed, but the entire package of licensing, custody, and settlement.
#稳定币 #Visa
The release says Visa and eligible partners can now choose to use USDPT to settle amounts due on VisaNet. This is the first time a stablecoin issued by Anchorage has been connected to this settlement rail, and the two sides have also left the door open to considering other coins in the future.
Anchorage CEO Nathan McCauley said stablecoins make it possible to move money faster, but institutions still need regulated entities behind them. Dan Roesbery, Visa’s vice president of global crypto partnerships, said support for USDPT is intended to give partners another institutional-grade settlement option backed by a federally chartered bank.
For institutions adopting stablecoin settlement, what matters may no longer be just speed, but the entire package of licensing, custody, and settlement.
#稳定币 #Visa
