How Mastercard, Stripe, Visa and Coinbase’s New Stablecoin Is Changing the Industry’s Economics
What's happening
A new dollar stablecoin launched with founding partners that include Mastercard, Visa, Stripe, Coinbase and a major e-commerce platform, each holding equal equity stakes. The launch features zero minting and redemption fees and more than $1 billion in liquidity commitments at debut, with partners earning equity proportional to growth contributions. Industry moves show rapid uptake of stablecoins in payments and settlement: Visa reports nearly 200% annual growth in stablecoin card payments and supports more than 160 stablecoin-linked card programs, while Visa and Lloyds completed a live pilot that settled $750,000 of payment obligations using stablecoins in under an hour.
Why it's trending
Major payments networks, processors and exchanges are coordinating to remove fees and supply deep liquidity, forcing incumbents and startups to rethink stablecoin economics now.
SignalHolding at its usual pace, confirmed across 2 independent source types.
Story volume
Stories per dayAngles you could write
If you think startups can outcompete the new Mastercard-Visa-Stripe-Coinbase stablecoin on pricing, think again, zero mint/redeem fees plus $1B liquidity changes the game for cost and scale.
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Original sources8
- How stablecoins speed int’l payments
Startup Latitude Global pitches faster, cheaper cross-border payments by sending them on modern stablecoin rails.
Payments DiveOct 2 - Visa Reports Nearly 200% Annual Growth in Stablecoin Card Payments
Business and commercial card programmes accounted for approximately 17% of Visa’s stablecoin-linked card volume in fiscal 2026 to date. Visa released the figures as businesses, financial institutions and payment providers explore stablecoins for moving and managing money. The network supports more than 160 stablecoin-linked card programmes across consumer, business and commercial activity. Payment
Fintech News SingaporeOct 2 - The two biggest card networks just co-launched a stablecoin with zero mint and redeem fees. Does anyone else stand a chance now?
A new dollar stablecoin launched today. Its founding partners are the two biggest card networks, a major payments processor, a large crypto exchange and a big e-commerce platform, each holding an equal equity stake. What stands out: No fees: zero minting and redemption fees. Liquidity: over $1 billion in liquidity commitments at launch. Equity for growth: partners earn equity based on how much the
r/fintechOct 1
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