Visa and Mastercard Join $1 Billion Bet on Stripe-Backed OUSD

Stablecoin project open usd (OUSD) arrived on Wednesday with more than $1 billion in launch liquidity and a heavyweight cast that includes Coinbase, Mastercard, Shopify, Stripe, and Visa. The twist is in the economics: businesses can mint and redeem OUSD at par without fees or volume caps, while participating companies collect most of the income […]

from Bitcoin News https://ift.tt/Jdao38G
https://ift.tt/LTUMf6J