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Visa integrates USDPT stablecoin for settlement via Anchorage Digital partnership

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Visa is integrating the USDPT stablecoin into its global settlement network through a new partnership with Anchorage Digital, expanding the range of assets used to settle payments on its VisaNet system.

The collaboration will see Visa accept select stablecoins issued by Anchorage Digital as settlement assets, beginning with USDPT. This marks a significant step for the payments giant in utilizing digital assets for its core financial operations, moving beyond pilot programs.

Anchorage Digital, a federally chartered digital asset bank, will provide the regulated stablecoin infrastructure for the initiative. The partnership leverages Visa’s expansive VisaNet network, which processes transactions between merchants, acquirers, and issuers worldwide.

The move signals growing institutional acceptance of stablecoins for real-world settlement use cases. It follows Visa’s previous explorations into blockchain-based settlement and could pave the way for other major payment networks to adopt similar digital asset integrations.

Original reporting: The Block