Visa Joining Paxos, Robinhood Stablecoin Consortium
Published:
2025-04-14 13:34:02
Visa is joining the Global Dollar Network (USDG), a stablecoin consortium convened by Paxos, alongside Robinhood, Kraken, Galaxy Digital, Anchorage Digital, Bullish, and Nuvei. This marks the first traditional finance incumbent to join USDG. The stablecoin business, currently dominated by Tether’s
USDT and Circle’s USDC, is becoming more lucrative as regulatory changes occur. USDG aims to share yields with participant firms that create connectivity and liquidity.
By:
|Square
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