Stripe, Visa, Mastercard, Coinbase to Form Consortium to Issue New Stablecoin
Mirrored from The Information — AI for archival readability. Support the source by reading on the original site.
Stripe, Visa, Mastercard and Coinbase are planning to form a consortium to issue a new stablecoin, according to people familiar with the matter, seeking to challenge the dominance of Circle and Tether, the two biggest issuers that make up 80% of market share currently.
The new stablecoin will be ...
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