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887 Stripe, Visa, Mastercard, Coinbase to Form Consortium to Issue New Stablecoin

The Information
Yueqi Yang @ The Information · 06/03/2026 16:58 EDT

Stripe, Visa, Mastercard and Coinbase are planning to form a consortium to issue a new stablecoin, according to people familiar with the matter, seeking to challenge the dominance of Circle and Tether, the two biggest issuers that make up 80% of market share currently. The new stablecoin will be ...

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