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Visa to launch internal stablecoin platform to give clients access to OUSD

The Block reports Open Standard's OUSD is expected to emerge as a competitor to Circle's USDC in the U.S.

Reported · Written up by our desk · Market Structure

Visa is preparing to launch an internal stablecoin platform for clients, providing access to Open Standard's OUSD, according to a report from The Block.

The outlet said the move could position OUSD as a larger rival to Circle's USDC, which is described as the dominant stablecoin in the U.S.

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