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Visa, Mastercard, Stripe, and Coinbase Commit $1 Billion to New Stablecoin: Is Open USD a Challenge to Tether, USDC, and RLUSD?
Source: 247wallst.com
Crypto & Digital AssetsFintechAntitrust & CompetitionPrivate Markets & Venture
Visa, Mastercard, Stripe and Coinbase reportedly committed $1 billion to a new stablecoin project designed to share profits with ecosystem partners. The profit-sharing model could strengthen adoption incentives and create competitive pressure for an unnamed established stablecoin issuer, though the article provides no details on funding terms, launch timing, or the targeted incumbent.
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