1. Illustration representing Open USD, the dollar stablecoin backed by Stripe, Visa, Coinbase and 140 firms.
    Technology

    Stripe, Visa, Coinbase and 140 Firms Launch Open USD to Challenge Circle and Tether

    A consortium of more than 140 firms — including Stripe, Visa, Mastercard, Coinbase, BlackRock and BNY — unveiled Open USD, a dollar stablecoin built to challenge Circle and Tether and share reserve revenue with partners. Circle shares fell more than 17%.

    ·1 min read
  2. Gemini Exchange Moves Forward with Public Offering as Crypto Market Gains Mainstream Acceptance
    Finance

    Gemini Exchange Moves Forward with Public Offering as Crypto Market Gains Mainstream Acceptance

    Gemini has confirmed plans to list on Nasdaq under the ticker GEMI—becoming the third major cryptocurrency exchange to go public after Coinbase and Bullish, despite reporting a $282.5M net loss.

    ·2 min read