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🪙 Crypto
Visa, BlackRock, Google and 140 firms launch Open USD stablecoin
More than 140 companies from payments, banking and technology — including Visa, Mastercard, Stripe, American Express, BlackRock, Coinbase, Google and Samsung — announced the launch of the Open USD (OUSD) stablecoin pegged to the US dollar. It is one of the most broadly backed initiatives in stablecoin history and poses a direct challenge to Tether and Circle. The crypto market reacted noticeably to the announcement.
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