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Cryptocurrency Cointelegraph

Financial companies join forces for US dollar stablecoin, keeping reserve earnings

The project, supported by Visa, Mastercard and many crypto companies, could be in a position to challenge Tether’s USDT and Circle’s USDC, currently the two largest stablecoins by market capitalization.

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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Financial companies join forces for US dollar stablecoin, keeping reserve earnings

The project, supported by Visa, Mastercard and many crypto companies, could be in a position to challenge Tether’s USDT and Circle’s USDC, currently the two largest stablecoins by market capitalization.

Why this matters

Tether is showing up inside the Stablecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

Original source

Read on Cointelegraph

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