Visa, Mastercard and Stripe Just Backed a New Stablecoin Called OUSD
OUSD, a new dollar stablecoin backed by Visa, Mastercard, Stripe, Coinbase and Shopify, launched with over $1 billion in initial liquidity across four blockchains.
OUSD, a new dollar stablecoin backed by Visa, Mastercard, Stripe, Coinbase and Shopify, launched with over $1 billion in initial liquidity across four blockchains.
SoFi is now settling its entire Mastercard card program using its own stablecoin, SoFiUSD, in a program expected to top $25 billion a year.
Mastercard's $1.8 billion Zerohash acquisition has a longer backstory than people thought, and it's not the company's only crypto move.