Stripe, Visa and Mastercard are close to launching a new stablecoin platform, while Coinbase is also exploring possible participation, according to CoinDesk.
Coinbase, Stripe and Visa declined to comment, and Mastercard had not responded by publication time
CoinGecko data shows the stablecoin market cap is about $325 billion. Stripe previously acquired stablecoin infrastructure firm Bridge for $1.1 billion, Mastercard acquired BVNK, and Visa expanded its stablecoin settlement pilot to nine blockchains. — link