Visa, Blackrock, and Coinbase Among Backers of New Stablecoin🔒 SSL Verified

Table of Contents

• ↓ Who’s who of the payments, banking, and crypto industries has backed Open USD
• ↓ The shock of the leading bitcoin treasury’s last stock sale helped crash the bitcoin market
• ↓ Stablecore program seeks to prepare credit unions for digital asset adoption
• ↓ Greek authorities have rejected its application for the MiCA license needed by July 1
• ↓ MC
• ↓ Top Alternatives to modernconsensus.com

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"A consortium supported by a who’s who of the payments, banking, and crypto industries has launched a new stablecoin, Open USD. The reserve-backed stablecoin is the brainchild of Zach Abrams, founding CEO of Open Standard and co-founder of stablecoin infrastructure firm Bridge, which was bought by payment processing firm Stripe in 2024. “Existing stablecoins have great strengths, but to use…"

"Almost a month after Michael Saylor’s Strategy helped push bitcoin down about 20% in a week by selling just 32 bitcoins for $2.5 million, the company announced it may sell far more aggressively. In an 8-K filing with the U.S. Securities and Exchange Commission, Strategy on June 29 announced its Digital Credit Capital Framework, allowing it to sell as much…"

"Digital asset infrastructure provider Stablecore has joined forces with two U.S. federal credit union organizations to launch a program intended to help the small lenders evaluate stablecoin, tokenized deposit and digital asset products as adoption grows. Together with Circuit, a research and development Credit Union Service Organization (CUSO) and Curql, a fintech investment organization with more than 160 credit union…"

"If you’re an EU-based crypto trader and you use Binance, you may need to look for a new exchange shortly. In a blog post on Wednesday, the world’s largest cryptocurrency exchange said that it had withdrawn its application for a Greek license to operate in the EU. Those Markets in Crypto-Assets (MiCA) licenses become mandatory for exchanges to continue to…"

Key Topics & Focus Areas for modernconsensus.com:

Who’s who of the payments, banking, and crypto industries has backed Open USD

The shock of the leading bitcoin treasury’s last stock sale helped crash the bitcoin market

Stablecore program seeks to prepare credit unions for digital asset adoption

Greek authorities have rejected its application for the MiCA license needed by July 1

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