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Aptos, Visa and BlackRock among 140 firms launching new stablecoin
TheStreet46d agoneutral
Aptos, Visa and BlackRock among 140 firms launching new stablecoin

Aptos Labs has joined more than 140 companies, including Visa, Mastercard, Coinbase, and BlackRock, in backing the launch of Open USD, a new stablecoin designed to solve persistent cost and access problems in global payments. Open Standard, the company behind the new stablecoin, unveiled Open USD ...

Ripple Joins Open USD, a Stablecoin Backed by Visa, Mastercard, and BlackRock. What It Signals for XRP
24/7 Wall St.46d agoneutral
Ripple Joins Open USD, a Stablecoin Backed by Visa, Mastercard, and BlackRock. What It Signals for XRP

Every so often, Ripple turns up somewhere that makes XRP (CRYPTO:XRP) investors take notice. This time it’s the launch lineup for Open USD, a new stablecoin backed by Mastercard, Visa, Stripe, BlackRock, and more than 140 other companies. However, Open USD isn’t Ripple’s coin—it’s a shared stablecoin run by an independent company, Open Standard, and ... Ripple Joins Open USD, a Stablecoin Backed by Visa, Mastercard, and BlackRock. What It Signals for XRP

Consortium including Visa, Mastercard jointly launch new global stablecoin
Reuters46d agoneutral
Consortium including Visa, Mastercard jointly launch new global stablecoin

A consortium including Visa, Mastercard and Coinbase on Tuesday launched a new joint stablecoin in a bid to broaden the ‌adoption of the digital tokens. The venture, called Open Standard, brings together more ‌than 140 businesses for the stablecoin network and will issue a new U.S.-dollar pegged stablecoin called Open ​USD, which is expected to go live later this year. It is aimed at accelerating the usage of the digital tokens worldwide by addressing hurdles that businesses face in scaling stablecoin adoption, Open Standard said.

Mastercard (MA) Gets Early Court Approval In Merchant Fee Settlement With Visa
Simply Wall St.48d agoneutral
Mastercard (MA) Gets Early Court Approval In Merchant Fee Settlement With Visa

Mastercard and Visa have received preliminary court approval for a multibillion dollar settlement with merchants in a longstanding legal dispute. The settlement addresses how payment networks set and charge interchange fees to merchants that accept their cards. This early court approval reduces some legal uncertainty for Mastercard as it works through the final stages of the case. For Mastercard, ticker NYSE:MA, this development lands at a time when the stock trades around $499.02 and...

Should You Buy Mastercard Incorporated (MA)’s Shares?
Insider Monkey48d agobullish
Should You Buy Mastercard Incorporated (MA)’s Shares?

Mastercard Incorporated (NYSE:MA) is one of the 10 Best Stocks to Buy According to Billionaire Richard Chilton. Payment platform Mastercard Incorporated (NYSE:MA)’s shares are down by 8.8% over the past year and 11.7% year-to-date. In today’s AI-driven market, the firm made a key announcement on June 10th when it announced its Agent Pay for Machines […]

Here is Why Endava (DAVA) is One of the Underperforming Tech Stocks to Buy According to Analysts
Insider Monkey49d agoneutral
Here is Why Endava (DAVA) is One of the Underperforming Tech Stocks to Buy According to Analysts

Endava (NYSE:DAVA) is one of the underperforming tech stocks to buy according to analysts. On May 21, Endava reported a challenging FQ3 2026, with revenue declining 8.4% year-over-year to £178.5 million. The company faced uneven demand and extended deal cycles, leading to significant financial impacts, including a £364.6 million goodwill impairment and a deferred tax […]

Forget Mastercard: 1 Dominant Payment Tollbooth to Buy Hand Over Fist
24/7 Wall St.50d agobullish
Forget Mastercard: 1 Dominant Payment Tollbooth to Buy Hand Over Fist

Mastercard (NYSE:MA) is back in every payments headline this month, propped up by the same international expansion narrative that has earned it a premium multiple for years. The underlying numbers tell a different story. Mastercard shares have fallen 14.08% year to date to $488.92, yet the runner-up network still trades at a forward earnings multiple ... Forget Mastercard: 1 Dominant Payment Tollbooth to Buy Hand Over Fist

Mastercard (MA) Faces Fresh EU Pressure As Digital Euro Plans Advance
Simply Wall St.53d agoneutral
Mastercard (MA) Faces Fresh EU Pressure As Digital Euro Plans Advance

EU institutions are advancing plans for a central bank issued digital euro intended to give consumers and merchants a new public payments option across the bloc. Recent EU votes and policy discussions highlight an aim to reduce reliance on global payment networks dominated by non European providers such as Mastercard (NYSE:MA). The initiative signals that regulators are open to favoring European based payment solutions, which could affect Mastercard’s competitive footing in the region over...