{"id":73497,"date":"2026-06-03T15:53:41","date_gmt":"2026-06-03T15:53:41","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/payments-giants-visa-mastercard-and-stripe-back-stablecoin-platform-for-faster-payments-bitcoin-news\/"},"modified":"2026-06-03T15:53:41","modified_gmt":"2026-06-03T15:53:41","slug":"payments-giants-visa-mastercard-and-stripe-back-stablecoin-platform-for-faster-payments-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/payments-giants-visa-mastercard-and-stripe-back-stablecoin-platform-for-faster-payments-bitcoin-news\/","title":{"rendered":"Payments Giants Visa, Mastercard, and Stripe Back Stablecoin Platform for Faster Payments \u2013 Bitcoin News"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Visa, Mastercard, and Stripe are reportedly backing a new joint stablecoin platform, per a June 3 Coindesk report.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Visa\u2019s stablecoin settlement pilot has reached $7B in annualized volume, with cards live in 18 countries and expanding to 100-plus by end of 2026.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Mastercard\u2019s $1.8B BVNK deal and six new USDC, RLUSD, and PYUSD settlement partners signal accelerating infrastructure investment in H1 2026.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Payments Giants Eye Shared <span>Stablecoin<\/span> Infrastructure<\/h2>\n<p>The platform, which has not been officially announced and carries no confirmed name, would bring together the three payments companies to expand <span>stablecoin<\/span> settlement networks. The <a href=\"https:\/\/www.coindesk.com\/business\/2026\/06\/03\/payment-giants-stripe-visa-mastercard-said-to-be-among-backers-of-soon-to-debut-stablecoin-platform\" target=\"_blank\" rel=\"noopener noreferrer\">report<\/a> by Ian Allison notes that U.S. <span>crypto<\/span> exchange <a href=\"https:\/\/news.bitcoin.com\/newlimit-435-million-series-c-brian-armstrong\/\">Coinbase<\/a> is also reportedly exploring participation. Allison remarked that all the companies either declined to comment or had not responded by publication time.<\/p>\n<p>The news arrives as Mastercard separately <a href=\"https:\/\/news.bitcoin.com\/mastercard-opens-stablecoin-settlement-to-6-partners-across-usdc-rlusd-and-pyusd\/\">expands<\/a> its global settlement network to include six new partners across USDC, RLUSD, and PYUSD, a move that signals the company is building <span>stablecoin<\/span> reach on multiple fronts simultaneously.<\/p>\n<h2>Visa and Stripe Already Running Together<\/h2>\n<p>The clearest active collaboration between these firms is the Visa-Bridge <span>stablecoin<\/span> card issuing program. Bridge, acquired by Stripe in February 2025 for approximately $1.1 billion, provides the <span>stablecoin<\/span> orchestration layer.<\/p>\n<p>Fintechs and wallets use a single Bridge API to issue branded stablecoin-backed Visa cards, letting cardholders spend USDC balances at any of Visa\u2019s 175 million-plus merchant locations worldwide.<\/p>\n<p>As of March 2026, the program is live in 18 countries, with a focus on Latin America, including Argentina, Colombia, Ecuador, Mexico, Peru, and Chile. Visa and Bridge plan to expand to more than 100 countries across Europe, Asia Pacific, Africa, and the Middle East by year-end.<\/p>\n<p>In March, Visa\u2019s Head of <span>Crypto<\/span>, Cuy Sheffield, <a href=\"https:\/\/investor.visa.com\/news\/news-details\/2026\/Visa-and-Bridge-Expand-Collaboration-with-Plans-to-Bring-Stablecoin-Linked-Cards-to-Over-100-Countries\/default.aspx\" target=\"_blank\" rel=\"noopener noreferrer\">stated<\/a>:<\/p>\n<blockquote>\n<p>\u201cVisa is committed to meeting businesses where they operate, and increasingly, that\u2019s onchain. This milestone gives our partners greater choice in how they move value.\u201d<\/p>\n<\/blockquote>\n<p>Bridge CEO Zach Abrams added: \u201cThis expansion of our work with Visa will enable businesses launching their own custom <span>stablecoins<\/span> to use them seamlessly within their card programs.\u201d<\/p>\n<p>Wallets including Phantom and Metamask, along with fintechs like Ramp and Airtm, are among the participants using the infrastructure.<\/p>\n<h2>Visa\u2019s <span>Stablecoin<\/span> <span>Volume<\/span> Reaches $7B Annualized<\/h2>\n<p>Visa\u2019s broader <span>stablecoin<\/span> settlement pilot has grown to approximately $7 billion in annualized <span>volume<\/span> and now spans nine <span>blockchains<\/span>, including Base, Polygon, <span>Solana<\/span>, and Ethereum. The company also operates the Visa <span>Stablecoin<\/span> Platform for minting, burning, and transacting <span>stablecoins<\/span> with enterprise-level performance.<\/p>\n<p>Just recently, Visa took a strategic <span>stake<\/span> in Replit while simultaneously exploring tokenization initiatives alongside the Bank for International Settlements (BIS), several central banks, JPMorgan, UBS Group, Deutsche Bank, and <a href=\"https:\/\/news.bitcoin.com\/mastercard-opens-stablecoin-settlement-to-6-partners-across-usdc-rlusd-and-pyusd\/\">Mastercard<\/a>.<\/p>\n<h2>Mastercard\u2019s $1.8B BVNK Acquisition<\/h2>\n<p>On March 17, 2026, Mastercard <a href=\"https:\/\/news.bitcoin.com\/mastercard-to-acquire-stablecoin-infrastructure-firm-bvnk-in-deal-worth-up-to-1-8-billion\/\">announced<\/a> a definitive agreement to acquire BVNK, a London-based <span>stablecoin<\/span> infrastructure company, for up to $1.8 billion, including $300 million in contingent payments. The deal is expected to close by year-end pending regulatory approvals.<\/p>\n<p>BVNK\u2019s platform operates across 130-plus countries and is intended to connect onchain <span>stablecoin<\/span> payments with Mastercard\u2019s global fiat rails, supporting cross-border payments, remittances, B2B transactions, and 24\/7 settlement. Mastercard has also partnered with OKX, Nuvei, and Thunes for <span>stablecoin<\/span> transactions and payout capabilities.<\/p>\n<h2>Stripe Builds on Bridge for <span>Stablecoin<\/span> Reach<\/h2>\n<p>Beyond the Visa card program, Stripe is using Bridge to power its Open Issuance platform, which lets businesses launch and manage their own <span>stablecoins<\/span>. Stripe has expanded <span>stablecoin<\/span> support across dozens of countries for payment acceptance, payouts, and money management accounts.<\/p>\n<h2>Market Backdrop<\/h2>\n<p>The total <span>stablecoin<\/span> <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-a-market-cap\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">market cap<\/a> stands near $320 billion, according to defillama.com <a href=\"https:\/\/defillama.com\/stablecoins\" target=\"_blank\" rel=\"noopener noreferrer\">stats<\/a>, with Tether\u2019s <a href=\"https:\/\/buy.bitcoin.com\/?utm_source=News\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">USDT<\/a> at roughly $187.81 billion and USDC at approximately $76 billion. Transaction volumes across the sector have climbed as more institutions and consumers treat <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-stablecoins\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">stablecoins<\/a> as a working payments layer rather than a speculative asset.<\/p>\n<p>A more favorable U.S. regulatory environment and the growing overlap between <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-stablecoins\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">stablecoins<\/a> and artificial intelligence (AI)-driven commerce are pushing traditional payments firms to move from pilots to scaled infrastructure.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/report-payments-giants-visa-mastercard-and-stripe-back-stablecoin-platform-for-faster-payments\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Visa, Mastercard, and Stripe are reportedly backing a new joint stablecoin platform, per a June 3 Coindesk report. Visa\u2019s stablecoin settlement pilot has reached $7B in annualized volume, with cards live in 18 countries and expanding to 100-plus by end of 2026. Mastercard\u2019s $1.8B BVNK deal [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":73498,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73497"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=73497"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73497\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/73498"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=73497"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=73497"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=73497"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}