Visa, Mastercard, Stripe, and Coinbase Commit $1 Billion to New Stablecoin: Is Open USD a Challenge ...
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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? Visa, Mastercard, Stripe, and Coinbase just pooled $1 billion behind a brand-new stablecoin that shares its profits with partners rather than hoarding them, and that single design choice puts one established giant directly in the crosshairs.