Visa Inc. Class A (NYSE:V) is scaling digital payments globally—piloting stablecoin settlement via VisaNet (~$7B annualized) and co‑launching Open USD, expanding smartphone acceptance and instant settlement across 25+ markets, testing AI/biometric Payment Passkeys, and broadening travel and in‑app perks.
Previous Week Recap
- Visa Stablecoin Settlement Growth: Visa (V) reports stablecoin settlement pilots moving billions via VisaNet, reaching about $7B annualized (Mar 2026). Plans to expand seven-day settlement from issuers to acquirers.
- Open USD Consortium Launch: Visa Inc. Class A (V) joined a consortium with Mastercard and Coinbase to launch Open USD, a global USD‑pegged stablecoin using a shared‑yield design that redirects reserve yields to partners.
- Visa Accept Turns Phones Card Terminals: Visa expands Visa Accept to turn smartphones into card terminals in 25+ markets; merchants can accept debit/prepaid via tap, scan or pay-by-link with near real-time settlement via partner banks.
- AI-Enabled Payment Test Germany: Visa (V) ran an AI-enabled, agent-driven payment test in Germany with Worldline and ING. Consumer used Visa Payment Passkeys plus biometrics; ING authorized and Worldline processed the transaction.
- Visa Destinations Expands Perks: Visa Inc. Class A (V) expanded Visa Destinations to 10 cities, offering curated travel perks and exclusive access for cardholders, with premium benefits for Visa Infinite and Signature users.
- Acceptance Platform Powers Uklon Payments: Visa Inc. Class A (V) integrated its Acceptance Platform into Uklon’s Ukraine ride‑hail app, enabling in‑app payments, instant refunds and faster transaction processing for Uklon users.
This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original sources.