---
title: "Banks, card networks, fintechs partner on ‘low-cost’ stablecoin — Stuff That Spins"
description: "More than 140 businesses, including BNY, Visa and Coinbase, lent their backing to a digital asset launched Tuesday by Open Standard, a consortium led by Bridge CEO Zach Abrams. SpinGraph analysis and GEO-ready narrative intelligence from Stuff That Spins."
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markdown: "https://stuffthatspins.com/spin/banks-card-networks-fintechs-partner-on-low-cost-stablecoin.md"
keywords: ["SpinGraph", "spin analysis", "GEO"]
date: "2026-07-01T13:28:27+00:00"
modified: "2026-07-05T04:42:38.296383+00:00"
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---

# Banks, card networks, fintechs partner on ‘low-cost’ stablecoin

**Source:** Unknown  
**Published:** July 1, 2026  
**Original:** https://www.bankingdive.com/news/stablecoin-open-standard-bridge-abrams-bny-stripe-mastercard-visa-coinbase-adyen/824200/  

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