How Mastercard, Stripe, Visa and Coinbase’s New Stablecoin Is Changing the Industry’s Economics
What's happening
A new dollar stablecoin launched today with founding partners that include Mastercard, Visa, Stripe, Coinbase and a major e-commerce platform, each holding equal equity and with over $1 billion in liquidity commitments at launch. The token charges zero minting and redemption fees, and partners earn equity based on how much they drive growth. Industry pilots and startups are already positioning stablecoins as rails for faster, cheaper settlement and cross-border payments, including Visa and Lloyds completing a live pilot that settled $750,000 of obligations over seven days and Latitude Global and other startups pitching faster cross-border flows on modern stablecoin rails.
Why it's trending
Big payments players making a zero-fee, well-capitalized stablecoin changes who can capture reserve yield and settlement economics right now.
SignalHolding at its usual pace, confirmed across 2 independent source types.
Momentum
Score per dayStory volume
Stories per dayAngles you could write
If Mastercard and Visa are giving away mint and redeem fees, the only people left making money off stablecoins are the platforms that drive the volume, not the issuers, and that flips the industry economics on its head.
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Original sources14
- Can stablecoins win over wary Asia Pacific consumers?
Visa, the global digital payments giant, has published survey data showing that consumers across Asia Pacific are warming to stablecoins for practical purposes, though poor understanding and trust concerns still threaten to stall wider uptake. The research found that 46% of consumers in the region expect to use stablecoins within five years, far above the […] The post Can stablecoins win ove
FinTech Global RegTechOct 6 - Nearly half of Asia Pacific consumers open to stablecoins, Visa findsElectronic Payments InternationalOct 6
- 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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