Open USD Intensifies Competition in the Global Stablecoin Payments Market
The launch of Open USD has intensified competition among stablecoins by leveraging a consortium model involving major players like Visa, Mastercard, Stripe, Coinbase, and BlackRock. This initiative aims to boost adoption through reserve income sharing with partners while competing against dominant issuers such as USDT and USDC.
Topics: BlackRock blockchain payments Coinbase Mastercard Open USD stablecoin Stripe Visa