$V

Visa (NYSE:V) is seeking a new stablecoin settlement partner after BVNK was acquired by Mastercard (NYSE:MA). Visa reportedly issued a request for product talks covering stablecoin swaps and settlement for Open USD. It launched a Visa Stablecoin Platform in July. Stablecoin market value is cited at $300B. Visa shares trade around $364.43.

Visa is seeking a new stablecoin settlement and OTC partner with crypto exchange licenses in the U.S., Canada, the UK, and Singapore, according to documents seen by CoinDesk. The partner would replace BVNK, after Mastercard acquired BVNK earlier this year, and handle settlement for Visa’s Open USD (OUSD) stablecoin project.

Bill Ackman disclosed six new holdings in his biggest portfolio overhaul, including Visa (V), Mastercard (MA), Alcon (ALC), ICE (ICE), and S&P Global (SPGI), framing them as “toll booth” payment and data businesses. Visa reported June-quarter revenue of $11.63B, up 14.4%, with 71.7B transactions and non-GAAP EPS of $3.32, plus buybacks of 14.5M shares.

According to late June 2026 reporting, Open Standard, backed by BlackRock, Visa, Mastercard, Stripe, and Coinbase among 140+ firms, is developing Open USD (OUSD), a new dollar-backed stablecoin planned for later this year. The group will launch on Solana, citing fast, low-cost settlement. OUSD aims to share reserve earnings with users and charge no mint or redemption fees.

Bill Ackman’s Pershing Square USA added Netflix, Mastercard, and Visa among six new holdings, with purchases starting in Q2 2026, according to Reuters. The article says Netflix’s ad tier drove over 60% of Q1 sign-ups and management targets about $3B ad revenue in 2026. It cites $4.7B buybacks in Q2 and a $2.80B termination fee.

Visa, via comments from Michele Herron (North America Value Added Services), says its research with PYMNTS shows AI-enabled shoppers make more digital buying days and consider payment preference when choosing where to shop. The article highlights merchant challenges in recognizing AI agents, using machine-readable catalogs, and ensuring payment acceptance. Visa is working on catalog enrichment, trusted-agent protocols, and tokenization.

Visa says its “Agentic Ready” certification program is moving agent-initiated payments from proof of concept to production, citing a July 2, 2026 Germany live transaction involving Worldline, ING, and Visa. Visa claims issuer systems can handle agentic payments and is standardizing issuer-layer validation. It cites consumer trust survey data and notes rollout with banks and partners across regions.

Pershing Square Holdings, managed by Bill Ackman, initiated new positions in Netflix and five other stocks in Q2 after a sell-off. According to Pershing’s interim report, Netflix shares were bought after a 50% drop from June 2025 highs and a valuation de-rating. Other buys were Visa, Mastercard, S&P Global, Intercontinental Exchange, and Alcon, amid AI-disruption concerns.

On Monday, Aug 10, 2026, the Dow Jones Industrial Average fell 60.95 points, or 0.11%, to close at 53,975.98, after opening at 54,072.66 and briefly dropping to 53,850.19. The move followed a weak US jobs report and rising crude prices tied to Strait of Hormuz uncertainty, with tech weakness offsetting energy strength.

Pershing Square’s Q2 update says Bill Ackman’s Pershing Square USA (PSUS) raised a $5 billion IPO and has deployed over 95% of PSUS capital across 14 investments, including new positions in Visa, Mastercard, Intercontinental Exchange, Netflix, Alcon and S&P Global. The article lists Q2 2026 holdings and notes Ackman’s long-term return goal above 20% gross annually.