---
title: "Coinbase helped build USDC - Why is it now backing the stablecoin trying to replace it, Open USD? - CryptoSlate — Stuff That Spins"
description: "Coinbase helped build USDC - Why is it now backing the stablecoin trying to replace it, Open USD?    CryptoSlate SpinGraph analysis and GEO-ready narrative intelligence from Stuff That Spins."
	canonical: "https://stuffthatspins.com/spin/coinbase-helped-build-usdc-why-is-it-now-backing-the-stablecoin-trying-to-replace-it-open-usd-cryptoslate"
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markdown: "https://stuffthatspins.com/spin/coinbase-helped-build-usdc-why-is-it-now-backing-the-stablecoin-trying-to-replace-it-open-usd-cryptoslate.md"
keywords: ["SpinGraph", "spin analysis", "GEO"]
date: "2026-07-02T08:10:35+00:00"
modified: "2026-07-05T05:33:02.672489+00:00"
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# Coinbase helped build USDC - Why is it now backing the stablecoin trying to replace it, Open USD? - CryptoSlate

**Source:** Unknown  
**Published:** July 2, 2026  
**Original:** https://news.google.com/rss/articles/CBMitwFBVV95cUxQX3BldVg5YVRydjFqUHJVY3FyaDNzd2pfbF9FclBQZ3NiaHNMZFp2d1BFN1I3MFRSb1VNSVN1b0FYR3lCSWFPbUg4Y1duQ2JzUDB6VENxdFRnMzFidHRXNkJQWGktemljR3U1S29nTklJTEJUaTFNZldpVnNCb1RiUk40Nk9KSGo0S1k2aVZNOGdpSTB4YzV6dkFmblNUZzZGZHBVWWQ5cGwyVUhfby1iRktKaUJzaXc?oc=5  

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