Global payment giants Visa, Mastercard, and Stripe are reportedly exploring the creation of a unified stablecoin platform. The largest U.S. crypto exchange, Coinbase, is expected to play a key role in the initiative, according to sources cited by CoinDesk.

Tether announced the launch of the world’s first neobank Visa card linked to tokenized gold, XAUT (Tether Gold). The project is being developed in partnership with the digital banking and investment platform Fasset.

Japanese financial giant SBI Group is introducing cryptocurrency rewards for everyday spending through a new Visa card that converts loyalty points into $BTC, $ETH, or $XRP. Under the promotional campaign, Gold‑tier users can receive rewards of up to 10%, while standard users may earn up to 2.5%.

Visa — a bank card issuer and global payment network — and WeFi — a provider of on-chain banking and payment infrastructure — have launched a joint initiative to test use cases for on-chain banking and stablecoin payments in selected countries.

Visa Inc has taken another step in promoting stablecoins by launching USDC settlements in the United States. This means that U.S. issuers and acquiring partners can now settle transactions with Visa in USDC issued by Circle, a dollar-pegged stablecoin.

Visa announced that the service will be focused on partners using stablecoins USDC and EURC. Specifically, companies will be able to top up their Visa Direct balances with these tokens, avoiding additional blocking of funds in fiat currency. On the recipient’s side, stablecoins will be converted into local currency.

Bitget has introduced a new withdrawal feature that allows users to instantly convert crypto into fiat and have the funds directly credited to Visa and MasterCard cards.

Other

Visa has added support for three new stablecoins — PYUSD, USDG, and EURC. The company is also now working with the Stellar and Avalanche blockchains.

Visa CEO Ryan McInerney believes that stablecoin payments are still in their early stages. Before stablecoins can be widely used for cross-border transactions, countries must first enact regulatory frameworks governing their issuance and circulation.