Anchorage Digital’s Stablecoins Can Now Settle Payments on Visa’s Network
Summary
Visa will allow eligible partners to settle obligations on its network using Anchorage Digital Bank’s dollar-pegged USDPT, issued for Western Union. The launch makes USDPT the first Anchorage-issued stablecoin supported for settlement on VisaNet, with the companies saying other Anchorage tokens may be added later. The deal expands Visa’s stablecoin settlement activity and advances Anchorage’s effort to provide regulated issuance, custody and settlement services for institutional digital assets.
