Visa is joining the Global Dollar Network (USDG), a stablecoin consortium convened by U.S. regulated digital asset firm Paxos, alongside cryptocurrency and fintech heavyweights like Robinhood, Kraken and Galaxy Digital, according to two people familiar with the plans.
Visa is the first traditional finance incumbent known to be joining USDG, whose initial cohort of members also includes Anchorage Digital, Bullish (the owner of CoinDesk) and Nuvei.
STORY CONTINUES BELOW
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