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Circle CEO defends USDC's network effects amid Open USD consortium launch
Circle CEO Jeremy Allaire defends USDC after 140-company consortium announces Open USD stablecoin, as CRCL stock drops 16-18% on the news.
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coindesk.com
Circle (CRCL) slides as Stripe, Coinbase (COIN) and BlackRock (BLK) back rival stablecoin network
Open Standard's Open USD aims to let partners keep reserve income and eliminate minting fees, challenging Circle's USDC.
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thedefiant.io
Open Standard Unveils Open USD, a Bank- and Tech-Backed Stablecoin Governed by Its Users - "The Defiant"
Open Standard, backed by 140-plus firms including Visa, Mastercard, BlackRock and Coinbase, unveiled Open USD (OUSD), a partner-governed stablecoin launching later in 2026.
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news.bitcoin.com
140 Firms Including Coinbase and Ripple Launch the New Open USD Stablecoin
Visa, Coinbase, Stripe and 140 firms launch Open USD, a stablecoin with no mint fees and shared governance.
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decrypt.co
Circle Stock Dives as Coinbase, BlackRock and Visa Back Open USD Stablecoin - Decrypt
The forthcoming Open USD has more than 100 major supporters onboard, including Coinbase—a key backer of Circle’s USDC.
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cryptobriefing.com
Circle stock tumbles as banks and payment giants back new stablecoin Open USD
Circle tumbled about 13% on Tuesday after Open USD came with backing from more than 140 companies, including BlackRock, Google, and more.
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fortune.com
Stripe, Visa and over 140 other businesses to launch stablecoin to rival Tether and Circle | Fortune
Other big-name participants include BlackRock, American Express, and Google.
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bitcoinmagazine.com
Circle (CRCL) Drops 15% After Open USD Stablecoin Launch
Visa, Mastercard, Stripe, Coinbase, and 140+ firms have launched Open USD (OUSD), a new yield-sharing stablecoin that aims to challenge Circle and reshape the economics of the…
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benzinga.com
Why Is Circle Internet Group Stock Falling On Tuesday? - Circle Internet Group (NYSE:CRCL)
Circle ($CRCL) stock plunges 16% as Open Standard launches Open USD stablecoin. Read about the new market competition.
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Stripe, Visa, BlackRock Back New Open USD Stablecoin In Bid To Challenge Tether, Circle - Circle Internet
A consortium led by companies including Stripe, Visa, BlackRock, Bank of New York Mellon and Coinbase is launching Open USD.
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Circle stock dives as Coinbase, BlackRock, and Visa back open USD stablecoin
Circle stock dropped 13-15% after Coinbase, BlackRock, and Visa unveiled Open USD (OUSD), a consortium-governed stablecoin challenging USDC's dominance.
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Dozens of major companies join Open USD as launch partners
Over 140 companies including Visa, Mastercard, BlackRock, and Coinbase join Open USD as launch partners, challenging USDC and USDT with fee-free minting and
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Circle (CRCL) selloff may be 'overreaction' but Open USD faces adoption test
The Stripe- and Coinbase-backed stablecoin consortium can challenge Circle's business model, but analysts say building a network is harder than assembling big-name partners.
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Circle shares fall 16% as Open Standard unveils rival stablecoin backed by Visa, Stripe, and Coinbase
Circle shares dropped 16% after Open Standard unveiled Open USD, a rival stablecoin backed by Visa, Stripe, Coinbase, and BlackRock with zero minting fees.
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gizmodo.com
Big Tech and Wall Street Team Up on the Stablecoin to End All Other Stablecoins
Can Open Standard compete with Circle and Tether?
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theblock.co
Circle shares sink 16% after Open USD reveal, analysts say fears are 'overblown'
William Blair reiterated its Outperform rating on Circle's CRCL stock, calling Tuesday's selloff a buying opportunity.
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cointelegraph.com
Financial Companies Join Forces for US Dollar Stablecoin, Leeping Reserve Earnings
The company behind the Open USD stablecoin, expected to launch sometime in 2026, said it would allow firms to keep the earnings from reserves and mint at no cost.
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Ark Invest Researcher Doubts Open USD Can Beat Circle After 16% Stock Drop
Circle's stock CRCL dropped more than 16% after Visa, Mastercard, Coinbase, and Blackrock backed a new stablecoin, Open USD.
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siliconangle.com
Visa, Stripe and 140 others back new Open USD stablecoin to challenge Tether - SiliconANGLE
Visa, Stripe and 140 others back new Open USD stablecoin to challenge Tether - SiliconANGLE
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theinformation.com
Stripe and Co. Take On Circle and Tether in Stablecoins
A year after the passage of the Genius Act legalized stablecoins, a bunch of big financial players have teamed up to launch a new, impressive-sounding stablecoin. Stripe, Visa,…
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thenextweb.com
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.