Visa, Stripe and 140 others back new Open USD stablecoin to challenge Tether - SiliconANGLE

Visa, Mastercard and 140 firms launch Open USD, a stablecoin built to undercut Circle

A 140-strong consortium including Visa, Mastercard, Stripe and Coinbase has launched Open USD, a shared-governance stablecoin aimed at Circle and Tether.