Open USD rattled Circle's stock, but its key backers still support USDC

NewsTue, 04 Aug 2026 17:55:23 UTC2 hours ago

Executives at Coinbase, Visa and Mastercard said they plan to support multiple stablecoins, suggesting Open USD is another payments rail rather than a direct replacement for USDC.

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Open USD rattled Circle's stock, but its key backers still support USDC

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