- Visa leads consortium launching Open USD, a USD-pegged global stablecoin. Visa will issue Open USD; minting and redemption have no fees or volume limits, aiming for scalable global payments.
- Visa (V) said its stablecoin settlement pilots have moved billions and hit a ~$7B annualized run rate (March 2026); seven‑day on‑chain settlement is expanding from issuers to acquirers.
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Key facts: Visa Launches Open USD Stablecoin; Pilots Hit ~$7B Run Rate
Visa leads consortium launching Open USD, a USD-pegged global stablecoin. Visa will issue Open USD; minting and redemption have no fees or volume limits, aiming for scalable global