
U.S.-based Open Standard announced on June 30 (local time) a new stablecoin, “Open USD,” for companies to transfer funds across borders. More than 140 companies from the payments, finance, IT, and crypto asset sectors participated, including U.S.-based Visa, Mastercard, Stripe, BlackRock, Coinbase, and Google. From Japan, Sumitomo Mitsui Financial Group, Mizuho Financial Group, Rakuten Group, PayPay, and others also joined. Source: From the press release;