Weekly Recap | Visa -1.83%, stablecoin push
Weekly Review·
- Visa fell 1.83 % to close at $ 360.66 this week, underperforming the S&P 500 amid low trading volume.
- Key developments included the launch of Open USD, a $ 750,000 cross-border stablecoin settlement pilot, and growing enterprise adoption of stablecoin-linked cards.
- Forty-one institutions maintained a consensus strong buy rating with a target price of $ 419.36, while upcoming macroeconomic data and stablecoin ecosystem trends will guide short-term performance.