Source: CoinDesk ↗

Open USD rattled Circle's stock, but its key backers still support USDC

What the source reports

Executives at Coinbase, Visa and Mastercard said they plan to support multiple stablecoins, suggesting Open USD is another payments rail rather than a direct replacement for USDC.

Read the original report on CoinDesk ↗

Live market context

Market figures are live reference data, not evidence that this report caused a price movement. Not financial advice.