Recent earnings calls from Open USD’s highest-profile backers, however, paint a more nuanced picture. Executives at Coinbase, Visa and Mastercard all said they intend to support multiple stablecoins instead of betting on a single winner, […]
Mastercard has wrapped up its $1.8 billion purchase of BVNK. This deal will help to increase the payment infrastructure of Mastercard’s stablecoin payments. The platform offers services for making payments, settlements, and treasuries in stablecoins. […]
TLDR Mastercard completed its acquisition of BVNK in a deal valued at up to $1.8 billion. The acquisition connects Mastercard’s global payment network with BVNK’s stablecoin and on-chain infrastructure. The combined platform will support cross-border […]
Key Takeaways Mir cards captured 85% of Russia’s market as sanctions rendered Visa and Mastercard effectively useless. Remaining foreign cards will soon fail due to physical wear and the expiration of security certificates. Russia’s central […]
The stakes are high because AI agents, which will likely account for a large share of internet commerce, including some in the form of tiny micropayments, could completely reshape the web. “It may seem nerdy […]
Chexy has established a partnership with Mastercard. As loyalty programs evolve, consumers are increasingly looking for ways to earn rewards on categories that have traditionally been excluded from rewards ecosystems, according to a statement from […]
Key Takeaways Coinbase’s Rob Witoff said 95–100% of the company’s code is now written by or with AI, up from 40% in February. Most Coinbase engineers run 5 to 10 AI agents at once, together […]
TLDR Samsung said it had no official consultation before appearing in the OUSD stablecoin consortium disclosure. Dunamu, Shinhan, and Kbank said they only agreed to review Open Standard’s earlier participation inquiry. Open Standard announced OUSD […]
Another stablecoin? Not quite. Open USD is being pitched as a new standard for digital dollars, and the cast backing it is the sort of thing that makes product roadmaps and board decks change overnight. […]
Key Takeaways Open Standard launched Open USD on June 30 with more than 140 partners including Visa. Coinbase, Stripe and Mastercard back the coin, which charges no mint or redeem fees. Open USD goes live […]
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