- Amazon and Visa are considering launching stablecoins to reduce dependence on traditional payment networks following the GENIUS Act.
- A consortium launched a joint stablecoin Open Standard and signed the GENIUS Act setting stablecoin rules.
Major payment companies, including Stripe, are joining the Open Standard consortium.
1 report, 1 independent
Updated Jul 5
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Major payment companies, including Stripe, are joining the Open Standard consortium.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
-
Stripe
Irish-American payment technology company
-
Visa Inc.
American multinational financial services corporation
-
Mastercard
American multinational financial services corporation
-
Coinbase
American company that operates a cryptocurrency exchange platform
Related events
- Google Pay, Affirm, and Stripe have expanded their partnership to integrate Buy Now Pay Later (BNPL) options into Stripe Terminal.
- Wyre, which was previously part of Bridge, has merged into Stripe. This transition involved key personnel who previously worked at both companies.
- CleanTechnica is utilizing Substack as its publishing platform and accepts Stripe payments to support its subscription model.
- Industry leaders like Circle, Stripe, Robinhood, and Coinbase are exploring proprietary blockchain solutions to meet the demands of decentralized payments.