Payment giants Stripe, Visa, Mastercard, etc., are planning to support a new upcoming stablecoin platform

Odaily Planet Daily reports that global payment networks Stripe, Visa, and Mastercard are nearing the launch of a new stablecoin platform.

According to sources familiar with the matter, the US cryptocurrency exchange Binance is also exploring the possibility of participating in this stablecoin platform. Currently, Coinbase, Stripe, and Visa have all declined to comment, and Mastercard had not responded to a request for comment before publication. Additionally, the revenue-sharing agreement between Coinbase and Circle Internet is set to expire and renew in August this year, with the current market cap of USDC reaching $76 billion. (CoinDesk)