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Stripe, Visa-Backed Consortium Launches US Dollar-Pegged Stablecoin

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Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data

Open Standard, a company backed by more than 100 corporations, including Visa Inc., Stripe Inc., and Mastercard Inc., issued a US dollar-pegged stablecoin on Wednesday. This launch marks one of the more ambitious efforts to bring the novel form of digital money into wider use.

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