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Visa, Mastercard, Coinbase Launch Open USD to Challenge $300 Billion Stablecoin Market
CryptocurrenciesBasic
High 8/10Tether (USDT)Circle (USDC)

Visa, Mastercard, Coinbase Launch Open USD to Challenge $300 Billion Stablecoin Market

A new yield-sharing stablecoin, Open USD (OUSD), has been launched by a consortium including financial giants Visa and Mastercard, alongside crypto leader Coinbase and over 140 other firms. This strategic move is poised to challenge the dominance of existing stablecoins like Tether's USDT and Circle's USDC within the $300 billion market.

Published 13 hours ago
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