Visa and Mastercard Coalition Launches Open USD Stablecoin

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A coalition of more than 140 companies including Visa and Mastercard launched Open Standard and Open USD, a dollar-pegged stablecoin aimed at the $300 billion stablecoin market. Open USD is expected to go live later in 2026 on Solana, Stellar, Base, and Polygon. The stablecoin will charge no minting or redemption fees and will share most reserve interest with companies using it.
SOL1.64%
XLM4.38%
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