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Project Overview
Visa is a digital payments technology company that connects consumers, merchants, financial institutions, and governments worldwide through its high-speed, secure network (VisaNet) to process electronic payments using credit cards, debit cards, and prepaid cards. Visa does not issue cards directly; instead, it provides network infrastructure for banks to use, primarily for international interbank transfers, online payments, and contactless payments.
HIFI Closes $37 Million Series A Funding Round Led by Left Lane Capital
According to The Block, New York-based stablecoin payment and tokenized asset company HIFI has announced the completion of a $37 million Series A financing round led by Left Lane Capital. Proceeds from the funding will be used to expand its tokenized capital market infrastructure and product lines. HIFI provides API infrastructure that integrates fund flows, compliance, and settlement capabilities, currently processing over $7 billion annually across 87 countries. Prior to this round, HIFI participated in a tokenized securities production trade co-hosted by DTCC, BlackRock, Goldman Sachs, and Nasdaq in July. Later this month, it partnered with Visa to extend its stablecoin settlement platform to remittance and card payment scenarios, initially supporting stablecoin settlements for more than 4 billion Visa cards globally.
Reap partners with Visa to launch a stablecoin-linked credit card program in over 100 markets worldwide.
Fintech company Reap announced a strategic partnership with Visa, planning to leverage Reap's card-issuing infrastructure to launch a Visa credit card program linked to stablecoins across more than 100 markets globally, and to expand its business from Asia and Latin America to regions including Europe, the Middle East, and Africa. Reap will also use stablecoins to directly settle payment obligations through Visa's Asia Pacific stablecoin settlement program. The two parties will subsequently explore payment models such as agent commerce, and Reap also plans to introduce card features that support multi-currency stablecoin financing and settlement.
Dtcpay Completes $25 Million Series A Funding Round Led by Vertex Ventures Southeast Asia & India, with SBI Participating
Odaily News: Singapore-based compliant stablecoin payment company Dtcpay has announced the completion of a $25 million Series A funding round, led by Vertex Ventures Southeast Asia & India, with SBI participating through two Singapore investment entities. Dtcpay provides stablecoin and fiat currency acceptance, storage, and trading services.The funds from this round will be used to expand its merchant network, build infrastructure, develop enterprise portal and consumer application features, and enter more regulated markets. Dtcpay has integrated with WalletConnect and launched a Visa-linked stablecoin-to-fiat card. (Bitcoin.com News)
Velocity Closes $48 Million Series A Funding Round with Participation from Visa, Circle, Ripple, and Others
According to CoinDesk, stablecoin payment infrastructure company Velocity announced the completion of an expansion round of its Series A financing, adding $10 million to bring the total round financing to $48 million, with a post-money valuation of $200 million. Investors in this expansion round include Visa Ventures, Circle Ventures, Ripple, Haun Ventures, Translink Capital, and Mirana Ventures, following the announcement of the initial Series A financing in July this year. Velocity is dedicated to providing stablecoin settlement, liquidity, and treasury management infrastructure to payment companies and banks, enabling them to integrate into blockchain payment networks without replacing existing systems. The head of Global Growth Products and Strategic Partnerships at Visa stated that stablecoins are reshaping how value flows within the Visa ecosystem, and Velocity is building the related infrastructure to drive the widespread adoption of stablecoin payments.
Visa's stablecoin settlement volume surpasses $20 billion annualized, with over 160 related card programs
Odaily News Payment technology company Visa's stablecoin settlement volume has exceeded $20 billion on an annualized basis, growing more than 15-fold from a year ago. Over 160 stablecoin-linked card programs have been launched globally, with related payment volumes increasing nearly 200% year-over-year.Stablecoin card programs require daily settlement before cardholders repay, with some programs needing only a few million dollars per transaction while settling continuously seven days a week. Visa stated that some cryptocurrency-linked card businesses are constrained by working capital adapted to continuous settlement cycles, and on-chain credit can reduce financing costs by up to 30%.Credit Coop, in partnership with Visa, launched a stablecoin-denominated revolving credit facility that has executed over 9,000 on-chain repayments. The platform has accumulated total financing exceeding $2.5 billion, processing over 3,000 borrowings and 9,000 repayments without any defaults. Visa Principal Member Rain has been using this facility to finance daily settlements since August 2023. (Bitcoin.com News)
Visa: Stablecoin-linked card projects accelerate growth, Credit Coop provides financing for on-chain settlement
Visa stated that stablecoin-linked card programs are one of the fastest-growing businesses on its network. In the second quarter of fiscal year 2026, more than 160 stablecoin-linked card programs have launched globally, with related payment volumes growing nearly 200% year-over-year, and the annualized stablecoin settlement volume recently surpassing $20 billion.
HIFI Closes $37 Million Series A Funding Round Led by Left Lane Capital
According to The Block, New York-based stablecoin payment and tokenized asset company HIFI has announced the completion of a $37 million Series A financing round led by Left Lane Capital. Proceeds from the funding will be used to expand its tokenized capital market infrastructure and product lines. HIFI provides API infrastructure that integrates fund flows, compliance, and settlement capabilities, currently processing over $7 billion annually across 87 countries. Prior to this round, HIFI participated in a tokenized securities production trade co-hosted by DTCC, BlackRock, Goldman Sachs, and Nasdaq in July. Later this month, it partnered with Visa to extend its stablecoin settlement platform to remittance and card payment scenarios, initially supporting stablecoin settlements for more than 4 billion Visa cards globally.
Visa Survey: Bank-Grade Protection Could Boost Stablecoin Adoption Intent from 36% to 56%
Odaily News: Visa has released its "Money Travels 2026" report, based on a survey of 2,192 U.S. adults, showing that if stablecoins were equipped with bank-grade fraud protection and deposit insurance, consumer willingness to use them would rise from 36% to 56%; if offered through existing financial institutions, willingness would also increase to 45%. The survey also found that 56% of respondents had never heard of stablecoins, and 64% of respondents had greater trust in payment providers than in the technology itself. Currently, the total global supply of USD-pegged stablecoins has exceeded $295 billion, with USDT at approximately $183.4 billion and USDC at approximately $76 billion; Visa's annualized stablecoin settlement volume has surpassed $20 billion, representing more than a 15-fold increase from a year ago. (The Block)
Visa Survey: Bank-Grade Protection Can Increase Stablecoin Adoption Intent from 36% to 56%
According to The Block, Visa released its Money Travels 2026 report. Based on a survey of 2,192 U.S. adults, consumer willingness to use stablecoins would rise from 36% to 56% if they feature bank-level fraud protection and deposit insurance; if offered through existing financial institutions, willingness could also reach 45%. The survey also indicates that 56% of respondents had never heard of stablecoins, while 64% trust payment providers more than the technology itself. Currently, the global total supply of USD-pegged stablecoins exceeds $295 billion, comprising approximately $183.4 billion in USDT and around $76 billion in USDC. Visa's annualized stablecoin settlement volume has already surpassed $20 billion, representing an increase of over 15 times compared to a year ago.
Visa to Close Meme Coin Credit Card Rewards Loophole
Visa is closing a checkout loophole supported by crypto payment infrastructure company Crossmint. The loophole previously allowed users purchasing Meme coins with credit cards to have transactions classified under a merchant category code intended for digital media such as e-books, movies, and music.Visa has notified payment processors, including Checkout.com, that it will no longer accept that code for Meme coin transactions, giving processors a grace period to stop the practice, which is expected to end next week. Thereafter, Meme coin purchases must be processed as cryptocurrency transactions and are subject to Visa's corresponding rules.Chase had disputed a Visa transaction that was not flagged as a cryptocurrency transaction, arguing that its merchant category code was incorrect and that it should not have earned credit card rewards. The New York State Attorney General's Office is also aware of and reviewing the matter. (Decrypt)
Dtcpay Completes $25 Million Series A Funding Round Led by Vertex Ventures Southeast Asia & India, with SBI Participating
Odaily News: Singapore-based compliant stablecoin payment company Dtcpay has announced the completion of a $25 million Series A funding round, led by Vertex Ventures Southeast Asia & India, with SBI participating through two Singapore investment entities. Dtcpay provides stablecoin and fiat currency acceptance, storage, and trading services.The funds from this round will be used to expand its merchant network, build infrastructure, develop enterprise portal and consumer application features, and enter more regulated markets. Dtcpay has integrated with WalletConnect and launched a Visa-linked stablecoin-to-fiat card. (Bitcoin.com News)
CLARITY Act Stumbles in Senate, SEC and CFTC Continue Push for Crypto Regulation
According to Crypto in America, the US Senate failed to advance the crypto market structure bill known as the "Clear Act" this week with a 49-50 vote, with Democrats voting as a bloc against it and Republican Senators Collins, Hawley, and Moran joining the opposition. Following the setback, the focus of crypto regulation shifted from Congress to regulatory agencies: the SEC subsequently issued innovation exemption measures, paving a limited pathway for on-chain trading of tokenized US stocks, while the CFTC adopted a no-action stance regarding passive software providers and submitted a broader proposal for crypto market rulemaking to the White House. Meanwhile, Visa announced the closure of a loophole that allowed purchasing memecoins with credit cards in exchange for standard loyalty points, with related processors granted a grace period expected to expire next week. Some Democratic senators involved in the negotiations stated that the "Clear Act" is not "dead," with efforts to restart talks still underway.
PolyFlow App Officially Launches, Integrating Fiat, Stablecoins, and Global Payment Features
According to information provided, the PolyFlow App supports assets such as USD, USDT, and USDC, with stablecoin deposits and withdrawals covering multiple networks including BSC, Ethereum, Tron, and Solana; users can perform in-platform transfers via their PolyFlow UID or registered phone number. Additionally, the PolyFlow Card has been integrated into the app for global spending scenarios supported by the Visa network.
Monad: Stablecoin Transaction Volume Nears 1 Million in August
Monad announced that it has been added to the Visa on-chain analytics dashboard, with stablecoin transaction volume reaching nearly 1 million in August, marking its highest month to date.
Grayscale CEO: The crypto winter is over, yet the market still overlooks the long-term value of digital assets
As reported by Fortune, Grayscale CEO Peter Mintzberg authored an article stating that Bitcoin rallied nearly 20% last week, recording its strongest three-day gains since 2023 as the crypto winter slowly thaws. However, he cautioned that market participants remain overly focused on short-term price fluctuations, overlooking the long-term structural growth of digital assets. Mintzberg highlighted two key drivers: first, sustained expansion in institutional demand. In 2025, the daily average capital inflow into spot Bitcoin ETPs exceeded $500 million, roughly 12 times the daily new supply from miners. Additionally, a 2026 EY survey revealed that 73% of institutional investors plan to increase their digital asset allocations. Second, accelerated enterprise blockchain adoption. In 2025, approximately 60% of Fortune 500 executives stated that their companies are actively advancing blockchain initiatives, with major players like Fidelity, Visa, and Stripe all positioning themselves in the stablecoin sector. He also noted the complementary nature of AI and public chain technologies, adding that emerging demands such as machine-native micro-payments and cross-border instant settlements will further drive real-world blockchain adoption. As regulatory frameworks grow increasingly clear, digital assets are rapidly integrating into the mainstream financial ecosystem.
Stablecoin card cumulative top-ups reach $13.8 billion, with USDC leading consumer spending volume
Odaily News: As of August, cumulative top-ups on USDC- and USDT-linked stablecoin cards have reached $13.8 billion, an increase of nearly $10 billion over the past 12 months. Stablecoin cards are shifting USDC and USDT from trading balances toward everyday consumer use cases.USDC currently leads in tracked card spending, while USDT is accelerating its catch-up. The two follow different adoption paths: USDC benefits more from fintech integrations and payment infrastructure, whereas USDT is more active across exchanges, remittances, and emerging markets.On-chain settlement also reflects a multi-chain distribution, with Base leading at approximately $1.2 billion, followed by Solana at $635 million, Polygon at $544 million, and Optimism at $509 million. Networks such as Arbitrum, Scroll, Ethereum, and Stellar are also carrying significant activity.Stablecoin cards still rely on traditional payment networks like Visa and Mastercard, shifting the competitive focus toward custody, FX costs, cashback, and capital efficiency. Meanwhile, Circle has renewed its USDC partnership with Coinbase under the original terms, excluding any dividend arrangements. (Bitcoin.com News)
Cathie Wood: Many analysts still can't understand Circle, but it's technology—not analysis—that disrupts the traditional order
Odaily News: Cathie Wood recently posted on X discussing the comparison between CRCL and Visa and Mastercard, stating: "Despite CRCL (Circle) rising 84% since its IPO, this one-year chart fully reflects the short-term inefficiency of public equity markets. Many financial services analysts have built their professional reputations by tracking V (Visa) and MA (Mastercard) over the long term, which is why they cannot understand Circle as a disruptor. Since MA and V went public in 2006 and 2008 respectively, both have risen approximately 150-fold and 33-fold, making those analysts who recommended buying on dips back then extremely profitable. However, today, it is the underlying technology—not the playbook these analysts follow—that is disrupting the traditional world order. CRCL should be a core beneficiary of this transformation."
Due to sanctions, NoOnes will gradually wind down its operations
Odaily News: Peer-to-peer cryptocurrency trading platform NoOnes announced that it will begin gradually winding down operations after running for over three years. The company stated that it had been continuously seeking to resolve and lift the sanctions imposed on NoOnes, but ultimately failed. The sanctions caused the platform to lose key partners, and blockchain monitoring firms also flagged transactions associated with NoOnes as high-risk, making it increasingly difficult for the platform to continue normal operations. According to the plan, the business contraction began on August 17, and the P2P marketplace will close at 23:59 UTC on August 21. Services such as Swap, NoOnes Visa, fiat withdrawals, the gift card store, and the Bitcoin Lightning Network will also be discontinued progressively. After that, the platform will only support withdrawals, and users will still be able to log in, view balances, and withdraw remaining assets. The company advises users to complete asset withdrawals as soon as possible, no later than August 23. Previously, on January 26, 2025, NoOnes revealed that the platform had suffered a major security breach earlier that month, resulting in losses of approximately $8 million in crypto assets. CEO Ray Youssef confirmed the news after on-chain detective ZachXBT disclosed the hacking incident on his Telegram channel.
Visa to Close Meme Coin Credit Card Rewards Loophole
Visa is closing a checkout loophole supported by crypto payment infrastructure company Crossmint. The loophole previously allowed users purchasing Meme coins with credit cards to have transactions classified under a merchant category code intended for digital media such as e-books, movies, and music.Visa has notified payment processors, including Checkout.com, that it will no longer accept that code for Meme coin transactions, giving processors a grace period to stop the practice, which is expected to end next week. Thereafter, Meme coin purchases must be processed as cryptocurrency transactions and are subject to Visa's corresponding rules.Chase had disputed a Visa transaction that was not flagged as a cryptocurrency transaction, arguing that its merchant category code was incorrect and that it should not have earned credit card rewards. The New York State Attorney General's Office is also aware of and reviewing the matter. (Decrypt)
CLARITY Act Stumbles in Senate, SEC and CFTC Continue Push for Crypto Regulation
According to Crypto in America, the US Senate failed to advance the crypto market structure bill known as the "Clear Act" this week with a 49-50 vote, with Democrats voting as a bloc against it and Republican Senators Collins, Hawley, and Moran joining the opposition. Following the setback, the focus of crypto regulation shifted from Congress to regulatory agencies: the SEC subsequently issued innovation exemption measures, paving a limited pathway for on-chain trading of tokenized US stocks, while the CFTC adopted a no-action stance regarding passive software providers and submitted a broader proposal for crypto market rulemaking to the White House. Meanwhile, Visa announced the closure of a loophole that allowed purchasing memecoins with credit cards in exchange for standard loyalty points, with related processors granted a grace period expected to expire next week. Some Democratic senators involved in the negotiations stated that the "Clear Act" is not "dead," with efforts to restart talks still underway.
Due to sanctions, NoOnes will gradually wind down its operations
Odaily News: Peer-to-peer cryptocurrency trading platform NoOnes announced that it will begin gradually winding down operations after running for over three years. The company stated that it had been continuously seeking to resolve and lift the sanctions imposed on NoOnes, but ultimately failed. The sanctions caused the platform to lose key partners, and blockchain monitoring firms also flagged transactions associated with NoOnes as high-risk, making it increasingly difficult for the platform to continue normal operations. According to the plan, the business contraction began on August 17, and the P2P marketplace will close at 23:59 UTC on August 21. Services such as Swap, NoOnes Visa, fiat withdrawals, the gift card store, and the Bitcoin Lightning Network will also be discontinued progressively. After that, the platform will only support withdrawals, and users will still be able to log in, view balances, and withdraw remaining assets. The company advises users to complete asset withdrawals as soon as possible, no later than August 23. Previously, on January 26, 2025, NoOnes revealed that the platform had suffered a major security breach earlier that month, resulting in losses of approximately $8 million in crypto assets. CEO Ray Youssef confirmed the news after on-chain detective ZachXBT disclosed the hacking incident on his Telegram channel.
One week after the NVIDIA-led AI Safety Alliance OSAA was established, it has already gathered over 120 companies.
According to TechCrunch, the Open Safety AI Alliance (OSAA), led by Nvidia, has exceeded 120 member companies just one week after its establishment, including tech and financial giants such as Adobe, BlackRock, Cisco, Intel, Microsoft, and Visa. During the Black Hat Cybersecurity Conference held in Las Vegas this week, the alliance established a working group named "Shared AI Findings Exchange" (SAFE) and has submitted multiple proposals open for public comment, managed by the Linux Foundation. The proposals cover confidential reporting mechanisms for AI cybersecurity incidents, alert processes for affected parties, and no-fault attribution analysis frameworks. Meanwhile, member companies are also actively contributing open-source technologies: Nvidia open-sourced the LLM vulnerability scanning tool Garak, Amazon contributed the agent building tool Strands Agents and authorization language Cedar, and Okta and Red Hat are advancing agent identity authentication and governance technologies respectively. Notably, Anthropic, OpenAI, and Google have not yet joined the alliance, although OpenAI and Google previously co-signed the open letter that spurred the creation of the alliance.
Payment volume up nearly 200% year-over-year, Visa's stablecoin-linked card program supports over 160
Odaily reports: Visa stated that its stablecoin-linked card program has seen payment volume grow nearly 200% year-over-year and now supports more than 160 consumer, business, and commercial card programs. So far in fiscal year 2026, approximately 17% of stablecoin-linked card transaction volume comes from business and commercial card programs.Mark Nelsen, Visa's Global Head of Product, Commercial, and Money Movement Solutions, said that businesses are seeking trustworthy and reliable ways to move money, and stablecoins are increasingly appearing in commercial applications such as supplier payments, treasury operations, and cross-border commerce. Allium research shows that payments are the fastest-growing use case for stablecoins, with annual payment volume estimated at $401 billion to $527 billion, of which service fees, payroll, and supplier payments account for $56 billion, $43 billion, and $28 billion respectively, with B2B cross-border payments making up 43%.
Open Standard's stablecoin OUSD officially launches, issued by Stripe-owned Bridge
Odaily News: Open Standard has announced the official launch of its USD stablecoin OUSD. Enterprises and developers can now use OUSD to build internet-native financial services and products for banking, cross-border payments, settlement, and institutional trading. OUSD offers 4 integration paths, with related APIs and tools covering settlement, payment orchestration, trading, foreign exchange, wallets, and card services, all supporting free minting and burning at a 1:1 USD rate.Enterprises can currently access it through Mastercard, Stripe, and the Visa Stablecoin Platform, with Coinbase integration opening on October 1. OUSD will natively support Base, Ethereum, Solana, and Tempo, and will first launch on centralized and decentralized trading platforms including Coinbase, Kraken, and Uniswap. OUSD is issued by Stripe-owned Bridge, with reserve assets held at BlackRock, Lead Bank, and BNY Mellon, and proof of reserves will be published monthly.
HIFI Closes $37 Million Series A Funding Round Led by Left Lane Capital
According to The Block, New York-based stablecoin payment and tokenized asset company HIFI has announced the completion of a $37 million Series A financing round led by Left Lane Capital. Proceeds from the funding will be used to expand its tokenized capital market infrastructure and product lines. HIFI provides API infrastructure that integrates fund flows, compliance, and settlement capabilities, currently processing over $7 billion annually across 87 countries. Prior to this round, HIFI participated in a tokenized securities production trade co-hosted by DTCC, BlackRock, Goldman Sachs, and Nasdaq in July. Later this month, it partnered with Visa to extend its stablecoin settlement platform to remittance and card payment scenarios, initially supporting stablecoin settlements for more than 4 billion Visa cards globally.
Reap partners with Visa to launch a stablecoin-linked credit card program in over 100 markets worldwide.
Fintech company Reap announced a strategic partnership with Visa, planning to leverage Reap's card-issuing infrastructure to launch a Visa credit card program linked to stablecoins across more than 100 markets globally, and to expand its business from Asia and Latin America to regions including Europe, the Middle East, and Africa. Reap will also use stablecoins to directly settle payment obligations through Visa's Asia Pacific stablecoin settlement program. The two parties will subsequently explore payment models such as agent commerce, and Reap also plans to introduce card features that support multi-currency stablecoin financing and settlement.
Supports Bitcoin Lightning Network, x402 incorporates Lightning Network payment specification
Bitcoin News posted on X platform that the x402 Foundation has incorporated the Lightning Network payment specification into its open internet payment standards. x402 was initially developed by Coinbase, aiming to enable AI agents and applications to automatically complete payments and continue executing tasks upon receiving a "402 Payment Required" response, without needing to create accounts, enter credit card information, or manage API subscriptions.The protocol is now governed by the Linux Foundation, with participation from companies such as Cloudflare, Google, AWS, Visa, Mastercard, Stripe, and American Express. With the integration of the Lightning Network, AI agents can use satoshis to pay for API calls, data, computing power, MCP tools, and other digital resources, and cryptographically prove payment through Lightning Network preimages.
Visa Survey: Bank-Grade Protection Could Boost Stablecoin Adoption Intent from 36% to 56%
Odaily News: Visa has released its "Money Travels 2026" report, based on a survey of 2,192 U.S. adults, showing that if stablecoins were equipped with bank-grade fraud protection and deposit insurance, consumer willingness to use them would rise from 36% to 56%; if offered through existing financial institutions, willingness would also increase to 45%. The survey also found that 56% of respondents had never heard of stablecoins, and 64% of respondents had greater trust in payment providers than in the technology itself. Currently, the total global supply of USD-pegged stablecoins has exceeded $295 billion, with USDT at approximately $183.4 billion and USDC at approximately $76 billion; Visa's annualized stablecoin settlement volume has surpassed $20 billion, representing more than a 15-fold increase from a year ago. (The Block)
Related news
Payment volume up nearly 200% year-over-year, Visa's stablecoin-linked card program supports over 160
Odaily reports: Visa stated that its stablecoin-linked card program has seen payment volume grow nearly 200% year-over-year and now supports more than 160 consumer, business, and commercial card programs. So far in fiscal year 2026, approximately 17% of stablecoin-linked card transaction volume comes from business and commercial card programs.Mark Nelsen, Visa's Global Head of Product, Commercial, and Money Movement Solutions, said that businesses are seeking trustworthy and reliable ways to move money, and stablecoins are increasingly appearing in commercial applications such as supplier payments, treasury operations, and cross-border commerce. Allium research shows that payments are the fastest-growing use case for stablecoins, with annual payment volume estimated at $401 billion to $527 billion, of which service fees, payroll, and supplier payments account for $56 billion, $43 billion, and $28 billion respectively, with B2B cross-border payments making up 43%.
ZachXBT questions whether UPay may allow illegal marketplace Xinbi to white-label issue Visa crypto cards
ZachXBT posted on X platform stating that UPay may be allowing sanctioned illegal marketplace Xinbi to white-label issue its Visa crypto cards, and demanded that UPay clarify the situation. ZachXBT said that Xinbi is mainly involved in pig butchering scams, fraud, money laundering, and human trafficking.
Visa: Stablecoin-linked card transaction volume increased nearly 200% year-on-year, with enterprise projects accounting for nearly 17%
Visa disclosed that transaction volume for stablecoin-linked card payments increased by nearly 200% year over year, with nearly 17% coming from B2B and corporate card programs.
Lloyds, one of the UK's largest retail banking groups, and Visa complete first stablecoin settlement pilot
Lloyds Banking Group and Visa completed the first stablecoin settlement test, using USDC to settle a total of $750,000 in Visa payment obligations within 7 days, with funds arriving in as little as one hour.
Open Standard's stablecoin OUSD officially launches, issued by Stripe-owned Bridge
Odaily News: Open Standard has announced the official launch of its USD stablecoin OUSD. Enterprises and developers can now use OUSD to build internet-native financial services and products for banking, cross-border payments, settlement, and institutional trading. OUSD offers 4 integration paths, with related APIs and tools covering settlement, payment orchestration, trading, foreign exchange, wallets, and card services, all supporting free minting and burning at a 1:1 USD rate.Enterprises can currently access it through Mastercard, Stripe, and the Visa Stablecoin Platform, with Coinbase integration opening on October 1. OUSD will natively support Base, Ethereum, Solana, and Tempo, and will first launch on centralized and decentralized trading platforms including Coinbase, Kraken, and Uniswap. OUSD is issued by Stripe-owned Bridge, with reserve assets held at BlackRock, Lead Bank, and BNY Mellon, and proof of reserves will be published monthly.
Analysis: AI Agents Are Becoming a Major Issue in Commerce, May Face Authorization and Security Risks
Odaily News: The Kobeissi Letter posted on X platform stating that AI agents are entering commercial transactions in large numbers, but there is currently a lack of unified standards to verify who AI agents represent and whether they are authorized. This means that software with insufficient security could make large expenditures on behalf of individuals and institutions, while the AI agent market is projected to exceed $53 billion by 2030.Stripe stated in June of this year that 70% of its API data access instructions already come from AI agents; over the past year, Visa, Mastercard, and American Express have all launched AI agent commerce protocols, and Shopify has also opened AI agent sales channels to approximately 1 million merchants by default. The Kobeissi Letter believes that as AI agents become widespread, simple and secure transactions will become increasingly difficult to identify.