Major companies are launching a new stablecoin.

The entities involved

• Visa Inc. →

  American multinational financial services corporation

  • Morgan Stanley restated an overweight rating, Capital upped its target price, and TD Cowen reaffirmed a buy rating on Visa Inc.Mon 10:18
  • The Bank of Ghana maintained its policy rate while Visa and Access Bank launched a new payment service, coinciding with cocoa price adjustments in Ghana.Sat 18:37
• Bitcoin →

  digital cash system and associated currency

  • Tensions between the US and Iran are pressuring market narratives, while President Trump's remarks are reportedly derailing nuclear talks.Mon 17:50
  • Bitmine holds 4.7% of total Ethereum coin supply and 205 Bitcoin, with Founders Fund among its institutional investors.Mon 16:28

Related events

• Ark Invest, Visa, BlackRock, and Mastercard discuss the challenges and announcements surrounding stablecoins, including regulatory hurdles and market adoption.Jul 3
• 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
• Bank of America, Wells Fargo, Santander Group, Ark Invest, and Bitcoin are exploring stablecoin ventures as part of a new group.Sep 3
• Market trends indicate a growing preference for established stablecoins, observed within the context of Coinbase's operations and Brian Armstrong's leadership.Aug 1
• Stablecoin growth signals deeper roots for crypto rally.Jun 8