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Circle’s misfortunes come all at once 🧐:
Dozens of financial companies, including Visa, Stripe, Mastercard, BlackRock, and Coinbase, will launch a new stablecoin called OUSD and share the returns with partners.
I checked the partners on the official website, and I’ve put the screenshot below. In short, besides Circle, every crypto ecosystem, every payments company, and every financial institution are all cooperating to create a new stablecoin—OUSD.
Apart from Circle…