Visa, Mastercard and 140 firms launch Open USD, a stablecoin built to undercut Circle

The Next Web
By Ana-Maria StanciucJul 1, 2026, 4:07 am119 ptsTrending
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…

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