Visa seeks to stabilize the money partners, covering four major markets

Visa is seeking new stable currency settlement and off-site trading partners, following Mastercard ' s acquisition of BVNK, which had assumed that role. According to a report issued on 18 August, Visa ' s confidential product requests to seek a licence for an encrypted currency exchange in the United States, Canada, the United Kingdom and Singapore. The document calls for support for a variety of stable currencies, including the ability to convert. The selected company will also assist in dealing with transactions involving Open USD. Visa refused to comment on the request and did not publicly confirm the request, name any candidate or disclose the timetable for the selection. The permit requirements in the report gave the search a clear United States perspective. Successful candidates need to have regulatory coverage in the four main financial markets, rather than working through a patchwork of regional partners。