Visa and Mastercard Are Building the Stablecoin That Competes With Their Own Customers
A Visa Mastercard stablecoin platform, backed with Stripe, is in development with Coinbase reported to be considering participation, aimed at a market where Circle holds roughly a quarter of $291 billion. Visa, Mastercard and Stripe are among the backers of a stablecoin platform in development, with Coinbase reported to be considering participation. Circle, whose USDC currently holds roughly a quarter of a $291 billion stablecoin market, is the incumbent this…
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