Visa, Mastercard and 140 firms launch Open USD, a stablecoin built to undercut Circle
Aconsortium of more than 140 financial and technology companies, among them Visa, Mastercard, Stripe and Coinbase, launched a new dollar-pegged stablecoin on Tuesday called Open USD. The venture, run by an independent company named Open Standard, is a direct swipe at the economics that have made Circle and Tether the dominant issuers in the sector. […]<br /> This story continues at The Next Web [...]
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