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

· Siliconangle · June 30, 2026, 11:08 p.m.
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Summary
A consortium of 140 firms, including Visa and Stripe, has announced support for a new stablecoin named Open USD (OUSD) to compete with Tether and Circle. This move highlights increasing interest in stablecoins within the financial technology sector.
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