Visa Mastercard and Coinbase join Open USD as partner-led stablecoin increases DeFi yield war
Open USD may turn stablecoin competition into a DeFi incentive war, with Plasma and other partners using shared economics to fight for user liquidity.
Follow stablecoin news, issuer updates, market share changes, regulation, reserve transparency, and payment adoption trends.
The local rupee quote shows how enforcement pressure can make stablecoin liquidity more expensive before regulated rails are ready.
Congress banned a Fed digital dollar through 2030, handing stablecoins a win. But big banks are building a tokenized deposit rival that could prove the bigger threat.
Search interest has cooled and aggregate stablecoin supply has slipped even as Visa and Stripe expand the payment and treasury rails that could define the sector's next leg.
Britain finally let people hold as much sterling stablecoin as they want, then capped how big any single one of those coins can ever get.
BIS research puts private dollar tokens closer to sovereign funding markets than the payment-rail debate suggests.
Ripple finally got RLUSD into Japan, but Circle, Nomura, SBI and the country’s megabanks are turning its longtime stronghold into a crowded stablecoin battleground.