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  • Open USD rattled Circle’s stock, but its key backers still support USDC
  • Crypto

Open USD rattled Circle’s stock, but its key backers still support USDC

cryptovert August 5, 2026 1 min read
Executives at Coinbase, Visa and Mastercard said they plan to support multiple stablecoins, suggesting Open USD is another payments rail rather than a direct replacement for USDC.

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