Visa Expands Stablecoin Market with OpenUSD to Tokenized Deposits
Global payment firm Visa unveiled a comprehensive stablecoin strategy encompassing OpenUSD, tokenized deposits, and on-chain wallet infrastructure. The move signals an expansion of stablecoins beyond traditional payment networks into core infrastructure for settlements and fund transfers. According to blockchain media Coin Telegraph, Visa disclosed plans to increase investments across the stablecoin ecosystem during its third-quarter 2026 fiscal results. The company reported $11.6 billion in revenue, a 14% year-over-year increase, driven by double-digit growth in transaction volume and cross-border payments. Visa's strategy focuses on expanding digital asset payment infrastructure, joining the Open Standard Consortium to issue stablecoins for direct settlements with partners. The company also plans to support on-chain wallet services and fund transfers between fiat currencies and stablecoins, initially centered on OpenUSD. Visa envisions stablecoins as a financial infrastructure for settlements and fund transfers, aiming to integrate stablecoin networks with wallet services and conversion tools within a single platform. Tokenized deposits and digital savings accounts are also part of the expansion, with partnerships like Pismo enabling blockchain-based deposit solutions. Visa also highlighted AI as a long-term growth driver, positioning it as complementary to stablecoin technology for next-generation commerce infrastructure.