Traditional finance giants are banding together to issue tokens, and the plan to share reserve profits is pretty ruthless—they want to tap into on-chain efficiency without giving up on the intermediaries’ profit cut. Is Web3’s endgame just getting re-employed on Wall Street?

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CoinNetwork
CoinWorld news, according to Bloomberg, dozens of financial institutions including Visa, Stripe, Mastercard, BlackRock, and Coinbase are preparing to launch the stablecoin OUSD, aiming to build institutional-grade on-chain payment infrastructure. OUSD operates under a consortium model, with participating institutions sharing reserve yields and revenue splits.
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