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Financial companies join forces for US dollar stablecoin, keeping reserve earnings

Source: Cointelegraph
Financial companies join forces for US dollar stablecoin, keeping reserve earnings

The project, supported by Visa, Mastercard and many crypto companies, could be in a position to challenge Tether’s USDT and Circle’s USDC, currently the two largest stablecoins by market capitalization.

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CoinMagnetic Team

Crypto investors since 2017. We trade with our own money and test every exchange ourselves.

Updated: June 2026

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