News

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

  • Duncan Riley--SiliconANGLE News
  • published date: 2026-06-30 22:47:05 UTC

A consortium of more than 140 financial, payments and technology companies, including Visa Inc., Stripe Inc. and BlackRock Inc. is backing a new stablecoin called Open USD, taking direct aim at the market leaders Tether and Circle Internet Group Inc. The toke…

A consortium of more than 140 financial, payments and technology companies, including Visa Inc., Stripe Inc. and BlackRock Inc. is backing a new stablecoin called Open USD, taking direct aim at the m… [+4347 chars]