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Coinbase backs new stablecoin venture, renegotiates deal with Circle
Coinbase joins the Open USD stablecoin consortium with Stripe, BlackRock, and Visa while preparing to renegotiate its $908M revenue deal with Circle.
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cryptobriefing.com
Circle shares tumble 18% on Open USD stablecoin launch before Thursday rebound
Circle shares dropped 18% after the Open USD consortium of 140 firms including Visa and Mastercard announced a rival stablecoin threatening USDC's revenue
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Coinbase backs new stablecoin venture, renegotiates deal with Circle
Coinbase joins the Open USD stablecoin consortium with Stripe, BlackRock, and Visa while preparing to renegotiate its $908M revenue deal with Circle.
