The OUSD consortium, featuring BlackRock, Mastercard, and Visa, is challenging USDC market share, while Coinbase earns reserve income from USDC.

The entities involved

• Coinbase →

  American company that operates a cryptocurrency exchange platform

  • Citi is utilizing Coinbase for digital asset infrastructure.Mon 17:31
  • Coinbase operates as a leading regulated crypto exchange, utilizing its Base Layer-2 network built on Ethereum, and shares revenue with Circle in the USDC ecosystem.Mon 04:46
• Circle →

  peer-to-peer payments technology company

  • Hana Bank is participating in a settlement network trial involving the Bank of Korea, while Binance announces a $100M investment to promote Circle's USDC.Fri 02:36
  • The U.S. signals pressure on China to act faster regarding stablecoins and private digital currencies amid regulatory clarity.Thu 10:02
• 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

Related events

• Coinbase is listed on Nasdaq, while Circle's USDC funds a quarter of Coinbase's revenue. The Senate failed to pass the CLARITY Act, amidst FED rate impacts.Sep 20
• Coinbase is building broader financial infrastructure through Base, and Haas has been named the company's Chief Financial Officer.Sep 11
• BlackRock issues funds focused on Bitcoin, utilizing Coinbase as the shared custodian.Jul 10
• Coinbase announced that it provides custody for underlying securities and supports tokenized assets on the Ethereum chain.Aug 25
• Coinbase distributes USDC, a stablecoin from Circle, and shares in its economics.Sep 21