140+ companies launch Open USD stablecoin consortium as alternative to Circle/Tether
Circle launched product launch on July 1, 2026.
- Primary
- Circle
- Structure
- product launch
- Date
- July 1, 2026
- Sub-sector
- Crypto / Stablecoin
A large consortium-backed stablecoin launch signals competitive pressure in the stablecoin market and represents a potential alternative rails for payments and treasury management.
Source: pymnts.com