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🔥 BOMBSHELL: Stripe, Visa, Mastercard, and Coinbase join forces to form an alliance to issue a new stablecoin, directly challenging Circle (USDC) and Tether (USDT) — according to The Information.
This marks the first time these traditional payment giants have partnered with a leading crypto exchange to create their own stablecoin. This move could shake up the stablecoin market, currently dominated by USDT and USDC.
Impact: If successful, the new stablecoin will have the advantage of deep integration into the global payment systems of Stripe, Visa, and Mastercard — something Tether and Circle haven't achieved. The $150 billion stablecoin market is about to face a new battle.
Question: Will USDT and USDC lose market share as these giants enter the arena?
#KalshiBTCPerps

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