According to CoinDesk, Visa is looking for a new stablecoin settlement partner to take over the role previously handled by BVNK, which was acquired by Mastercard earlier this year. Documents obtained by CoinDesk show that Visa's new partner must have capabilities in stablecoin exchange, settlement, and OTC services, as well as support for multiple stablecoins. Visa stated that due to the requirement for compliance qualifications in several major markets, the pool of candidates is relatively limited. Currently, one of the key settlement and OTC partners under consideration holds crypto trading licenses in the US, Canada, the UK, and Singapore. This partnership will also involve settlement support for the Open USD stablecoin project. https://(wublock123.com)/news/visa-seeks-stablecoin-settlement-partner-us-ca-uk-nz-licenses-66749