BlackRock and Mastercard are backing the Open USD initiative, a private dollar-pegged stablecoin, using short-term US Treasury bills.

The entities involved

• BlackRock →

  American multinational investment management corporation

  • Heemskerk heads the Climate Change Centre at ECB, and a BlackRock executive issues a similar climate warning.Mon 17:05
  • BlackRock, the manager of the iShares Core MSCI EAFE ETF, has made required filings with the Securities and Exchange Commission regarding institutional holdings.Mon 16:42
• Mastercard →

  American multinational financial services corporation

  • Commonwealth Bank adjusts its payment processing programs following changes in Reserve Bank of Australia's policy, affecting card network fees.Sun 19:22
  • PayPal is a San Jose-based company, and its peer-to-peer service Venmo is linked to a Mastercard debit card.Sun 15:49

Related events

• Ark Invest, Visa, BlackRock, and Mastercard discuss the challenges and announcements surrounding stablecoins, including regulatory hurdles and market adoption.Jul 3
• Treasury market actions inadvertently strengthened Bitcoin's monetary argument, with institutional inflows via BlackRock bolstering ETF buying.Aug 25
• Visa is expanding capabilities to integrate various crypto networks (Ethereum, Stellar, Solana, Avalanche) to facilitate crypto-to-fiat on-ramps, challenging traditional payment rails.Jun 7