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    Stripe Launches Global Stablecoin Open USD

    3 weeks ago

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    Irish company Stripe is part of a consortium of 140 firms launching Open USD, a global stablecoin backed by Visa, Mastercard, Blackrock, and Google. Led by CEO Zach Abrams, the initiative aims to enable low-cost, near-instant cross-border payments. Open USD will allow businesses to mint and redeem it without fees, ensuring broad accessibility and collective governance.
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