Stablecoin giant Circle officially launched the Arc blockchain mainnet on September 16, with BlackRock, Visa and other institutions among the first validators and 10 billion ARC tokens minted at launch. Circle CEO Jeremy Allaire called Arc ‘more consequential’ than USDC, marking the issuer’s strategic transformation from a single-product company into an infrastructure operator.
International remittance giant MoneyGram has launched a stablecoin-backed Visa debit card, enabling users to spend their stablecoin holdings at any of Visa’s global acceptance points. The move marks a key step for stablecoins from cross-border remittance into everyday consumer spending.
A U.S. federal judge has ruled that the Trump administration’s visa freeze on 75 countries violates U.S. law, describing the policy as ‘Orwellian’ and striking it down. The ruling represents a major blow to the White House’s hardline immigration policy and could affect millions of visa applicants.
Core Summary Visa has officially launched a stablecoin platform enabling banks and fintech companies to issue, manage, and settle digital dollars through its payments network. The platform will integrate Open Standard’s OUSD stablecoin, positioning it as a direct competitor to Circle’s USDC. This move signals traditional payment giants fully embracing on-chain financial infrastructure, intensifying competition in the stablecoin market. Event Details According to CoinDesk and The Block, Visa has officially launched its stablecoin platform, providing institutional clients with comprehensive stablecoin lifecycle management services. The platform allows banks and fintech companies to issue, manage, and settle digital dollars through Visa’s global payments network. ...