CryptoThe Next Webabout 2 hours ago
Visa stablecoin platform sinks Circle shares 6%
1 min read
Visa launched the Visa Stablecoin Platform with native Open USD support, sending Circle shares down six percent and Coinbase down four and a half percent. The platform lets banks issue and settle stablecoins, undercutting Circle's economics with zero mint and redeem fees. Visa's stock rose two percent.
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