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Visa, Mastercard join another stablecoin group
Visa and Mastercard have joined Circle's newly formed stablecoin industry group, signaling continued strategic engagement with stablecoin infrastructure without committing to any specific implementation.
Aug 6, 2026
Card networks, banks, fintechs partner on ‘low-cost’ stablecoin
Multiple major financial institutions partnered with Open Standard to launch a new stablecoin positioned as 'low-cost', signaling institutional validation and potential integration into mainstream payment rails.
Published Jul 1, 2026 · Analyzed Jul 7, 2026
Banks, card networks, fintechs partner on ‘low-cost’ stablecoin
A consortium called Open Standard, led by Bridge CEO Zach Abrams, launched a new stablecoin with backing from over 140 financial and tech firms including BNY, Visa, and Coinbase — positioning it as a 'low-cost' infrastructure for payments.
Published Jul 1, 2026 · Analyzed Jul 7, 2026
Affirm Targets Card Networks With Broader Payments Push - pymnts.com
Affirm announced an expansion beyond point-of-sale lending into broader payments infrastructure, positioning itself to compete with card networks by enabling merchants to accept Affirm as a direct payment method.
Published May 12, 2026 · Analyzed Aug 2, 2026