Can a Globally Backed Stablecoin Really Challenge USDT and USDC?
Market / Price
The announcement of two large‑scale stablecoin initiatives—a consortium of 21 financial institutions planning a launch in H1 2027 and Open USD (OUSD), supported by over 140 firms including Visa, Mastercard, Stripe, BlackRock, and Coinbase—has prompted debate regarding the potential erosion of the duopoly held by Tether (USDT) and Circle (USDC).
USDC
USDT
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