Visa, Stripe, Mastercard, BlackRock, and several other financial institutions are reportedly set to jointly launch the stablecoin OUSD

Odaily Planet Daily News: According to market sources, multiple financial and crypto institutions including Visa, Stripe, Mastercard, BlackRock, and Coinbase are planning to jointly launch a new stablecoin named "OUSD."

The report states that the stablecoin project is expected to adopt a multi-party collaboration model and share the related revenue mechanisms among the participating institutions. However, the specific structure, launch timeline, and regulatory arrangements have not yet been publicly disclosed.

If this news is confirmed, it would mark a further deep integration of traditional payment giants and Wall Street asset management institutions into the stablecoin space. The parties involved have not yet officially confirmed the relevant reports.