Visa, Mastercard, Stripe, and Coinbase have jointly committed $1 billion to launch Open USD, a new stablecoin designed to share reserve income with partners rather than keeping it all. Open USD aims to compete with established stablecoins like Tether (USDT), USD Coin (USDC), and Ripple’s RLUSD by leveraging major payment networks and a unique profit-sharing model. While Open USD's market cap is currently much smaller, its backing by major payment companies and integration with payment systems could disrupt USDC and RLUSD's market positions, especially if it gains traction in merchant and card transactions. The stablecoin's future impact depends on adoption by these networks and growth in supply over the coming year.
Visa trades at USD 360.66 with a 0.23% gain on Pluang as of Oct 04, 2026 22:11 WIB, reflecting steady investor interest amid the launch of Open USD. Mastercard is priced at USD 552.26, up 0.41%, while Coinbase shares are down 3.32% at USD 183.00, showing mixed market reactions to their joint $1 billion stablecoin initiative. This partnership highlights the strategic moves by major payment firms to innovate in the stablecoin space, potentially influencing their stock performance.
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