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Financial companies join forces for US dollar stablecoin, keeping reserve earnings

The project, supported by Visa, Mastercard and many crypto companies, could be in a position to challenge Tether’s USDT and Circle’s USDC, currently the two largest stablecoins by market capitalization.

Financial companies join forces for US dollar stablecoin, keeping reserve earnings

Published June 30, 2026 · Category: Markets

Overview

Financial companies join forces for US dollar stablecoin, keeping reserve earnings

Details

The project, supported by Visa, Mastercard and many crypto companies, could be in a position to challenge Tether’s USDT and Circle’s USDC, currently the two largest stablecoins by market capitalization.

Source

Originally published at cointelegraph.com.

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