▲ Bullish
Dozens of financial firms, including Visa, Stripe, Mastercard, BlackRock, and Coinbase, are collaborating to launch a new stablecoin named OUSD.
The initiative aims to create a stable digital currency that will facilitate transactions and potentially enhance the adoption of cryptocurrencies in mainstream finance.
Revenue generated from the stablecoin will be shared among the participating partners.
Reporting aggregated and summarized by CLOM — research & education, not financial advice.