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Visa and Mastercard Group Launch Open USD Stablecoin to Drive Crypto Adoption

CryptoProwl Read original source (opens in a new tab)
The Story

News Summary

  • Visa, Mastercard, and Coinbase have formed the 'Open Standard' consortium to launch 'Open USD,' a regulatory-compliant stablecoin.
  • Backed by over 140 businesses, the zero-cost minting and redemption model aims to scale stablecoin adoption and integration within global payment systems.
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