According to Bloomberg, dozens of financial institutions including Visa, Stripe, Mastercard, BlackRock, and Coinbase plan to jointly launch a new stablecoin called OUSD, which will adopt a revenue-sharing business model among partners.
Major Financial Institutions Unite: OUSD Stablecoin to Feature Revenue Sharing
According to Bloomberg, several dozen financial institutions including Visa, Stripe, Mastercard, BlackRock, and Coinbase are planning to jointly launch a new stablecoin called OUSD. The stablecoin will adopt a revenue-sharing business model among partners, marking a significant step as traditional finance giants further engage with the digital currency space.
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