Visa works with Upbit parent on stablecoin payments, AI commerce
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MoneyGram launches Visa stablecoin card as remittance rivals expand
MoneyGram is following rival Western Union’s lead, rolling out a Visa stablecoin debit card as it expands blockchain-based payments.
Samsung Electronics and Dunamu, among other companies, stated that they have never negotiated matters related to OUSD.
According to Foresight News , citing the Chosun Ilbo, Samsung Electronics, Dunamu (Upbit's parent company), Shinhan Financial Group, K Bank, and other companies stated that they have never consulted on matters related to Open USD (OUSD). A Samsung Electronics representative stated, "There have been no formal consultations, and we don't know what role we would play (in the alliance)." Shinhan Financial Holdings, Dunamu, and K Bank also stated that Open Standard inquired about their willingness to participate in OUSD, and they only indicated that they would "have a brief discussion," yet their names were included in the alliance member list. According to a previous report by Foresight News , the stablecoin consortium Open Standard will launch the stablecoin Open USD. Features of this stablecoin include free minting and trading, partner-shared reserve asset returns, and collaborative governance by participating institutions. Currently, participating institutions in the consortium's stablecoin project include Visa, Stripe, Mastercard, BlackRock, Bank of New York, Standard Chartered Bank, Google, Samsung Electronics, IBM, Shopify, Coinbase, Tempo, Bybit, Bitget Wallet, Solana, OKX, and Ripple.
With MiCA about to take full effect, WasabiCard is strengthening its global compliance strategy and empowering a new era of stablecoin payments for businesses.
According to ChainCatcher, with the EU's Crypto Asset Market Regulation (MiCA) set to fully take effect on July 1, 2026, the European digital asset market is entering a new era of unified regulation. As the global regulatory system becomes increasingly sophisticated, stablecoin payments are evolving from a focus on "simply pursuing efficiency" to a focus on "compliance, transparency, and trustworthiness," and are rapidly becoming a core infrastructure for enterprise-level payments. As an enterprise-level stablecoin payment infrastructure provider, WasabiCard consistently adheres to a "compliance-first" development philosophy. By continuously strengthening its core risk control capabilities, including AML (Anti-Money Laundering), KYC (Know Your Customer), and KYB (Know Your Business), WasabiCard is committed to building a secure, transparent, and sustainable global payment foundation. With stablecoins rapidly penetrating core business scenarios such as corporate treasury management, cross-border payments, and B2B settlements, compliance capabilities have become the primary consideration for enterprises when choosing payment channels. In the future, WasabiCard will leverage its core capabilities of "global card issuance, stablecoin payments, global remittances and fund distribution" to deeply integrate its robust compliance system with business scenarios, helping global enterprises confidently navigate the evolving regulatory environment and comprehensively enhance the security and compliance efficiency of their global operations.
Visa brings onchain credit to its growing stablecoin card business
Visa is combining VisaNet settlement data with blockchain lending as stablecoin payment volume on its network jumps nearly 200% year over year.
Stablecoins not credible for payments at scale, BIS chief says
BIS chief Pablo Hernández de Cos said stablecoins lack credibility for payments at scale, while a new FSI study highlights sharp differences in issuer rules.
Visa, M-Pesa, and Onafriq launch stablecoin cross-border transfer pilot in the Democratic Republic of Congo.
Odaily Odaily reports that Visa, M-Pesa, and Onafriq have launched a pilot project in the Democratic Republic of Congo to settle cross-border mobile transactions using a stablecoin pegged to the US dollar. The pilot targets scenarios such as cross-border mobile wallet top-ups, international business transactions, and remittances. The World Bank estimates that the average cost of cross-border remittances in sub-Saharan Africa is close to 8% of the transfer amount. Visa had previously partnered with the African cryptocurrency exchange Yellow Card to explore stablecoin fund management and international settlement. (Bitcoin.com News)