Apple is restoring card payments for users in India after updating its systems to comply with RBI tokenization rules.
The post Apple Reopens Card Payments in India After Four-Year Halt appeared first on TechRepublic.
Apple is restoring card payments for users in India after updating its systems to comply with RBI tokenization rules.
The post Apple Reopens Card Payments in India After Four-Year Halt appeared first on TechRepublic.
For readers tracking where the market is actually changing, this is the part that matters. Ripple Joins Open USD Stablecoin Consortium Backed by Visa and Mastercard gives Bitcoinist readers a clean angle on Ripple at a point where the market is trying to separate durable signals from short-lived noise.
According to the source material reviewed for this report, the story turns on a few concrete details rather than vague sentiment. That matters because crypto headlines can move quickly, but the pieces that tend to last are the ones backed by filings, official releases, data dashboards, or protocol-level records.
TL;DR
The immediate relevance is that this development fits into one of the market’s main themes for the day: institutional positioning, network usage, regulatory pressure, protocol development, or asset-specific rotation. In this case, the key topic is Ripple, which is why it deserves a dedicated read rather than being buried inside a broader market recap.
For traders, the useful part is not simply that the headline exists. It is the way the facts line up with the current market backdrop. When official sources, market data, or protocol records show a fresh shift, readers get a better sense of whether the move is just a one-day reaction or part of something more structural.
The core source for this story is ripple.com with supporting data from ripple.com. That source trail is important because the final article should not rely on discovery-only media links or second-hand summaries.
Ripple joined the Open USD (OUSD) stablecoin consortium.
The consortium includes traditional financial players like Visa, Mastercard, and BlackRock.
The group's stablecoin product (OUSD) does not run directly on the XRP Ledger, creating questions about the direct impact on XRP.
The numerical claims in the pack were tied back to specific source material before writing. '140 companies' sourced from Open Standard OUSD consortium official founding release; 'June 30, 2026' sourced from Open USD stablecoin consortium launch announcement date
The caution is just as important as the headline. Avoid stating XRP is replaced by OUSD; they are complementary products.
That means the cleaner read is to treat this as a confirmed development with a defined scope, not as proof of a guaranteed price move or a sweeping market shift. In crypto, the difference matters. A verified data point can strengthen a thesis, but it does not remove execution risk, liquidity risk, regulatory uncertainty, or the possibility that traders fade the initial reaction.
For now, the story gives the market another piece of evidence to weigh. If follow-up filings, dashboard updates, protocol records, or official statements confirm further momentum, the angle can develop into something larger. If not, it still stands as a useful snapshot of where activity is concentrating today.
This report is based on information from ripple.com and ripple.com.
This article was written by the News Desk and edited by Samuel Rae.
Source: Ripple
Bitcoin Magazine
Visa, Mastercard, And Over 140 Companies Launch Stablecoin Open USD
A coalition of more than 140 companies — among them Visa, Stripe, Mastercard, BlackRock, and Coinbase — announced today the formation of Open Standard and the launch of Open USD (OUSD), a new dollar-pegged stablecoin built to redistribute the economics of the $300 billion stablecoin market.
The project is led by Zach Abrams, co-founder of Bridge, the stablecoin infrastructure firm that Stripe acquired in 2024.
“Existing stablecoins have great strengths,” Abrams said in a statement, “But to use them at scale, businesses need something that’s open, low-cost, high-throughput, broadly accessible, and aligned to their interests.”
The announcement sent Circle shares down as much as 15% Tuesday, a sign of how directly Open USD targets the USDC issuer’s business model.
The core proposition of Open USD is straightforward: no minting fees, no redemption fees, no volume limits — and most of the interest generated by the stablecoin’s reserves goes to the companies using it, minus a management fee retained by Open Standard.
That reserve income is what makes Circle and Tether profitable. Both issuers park stablecoin backing in short-term U.S. Treasuries and keep the yield themselves. Circle’s USDC carries a market cap of roughly $73 billion; Tether’s USDT sits at around $145 billion. Open USD proposes to share that yield with its distribution network instead.
Governance follows the same logic. Rather than a single issuer calling the shots, Open Standard will be managed by an independent organization with decision-making shared among partner companies.
The partner list spans nearly every corner of finance. Payment networks include Visa, Mastercard, American Express, and Discover. Banks include BNY, Standard Chartered, DBS, and U.S. Bank. On the technology side: Google, Shopify, and IBM. Crypto firms include Coinbase, Ripple, MetaMask, Aave, Bybit, OKX, Galaxy, Fireblocks, and Anchorage Digital.
“Today, we announced Visa is joining Open Standard alongside Stripe, Coinbase, Mastercard, American Express, BlackRock, U.S. Bank, BBVA, Standard Chartered and 100-plus initial partners with the mission of issuing Open USD,” Visa’s head of crypto, Cuy Sheffield, wrote on X.
Open USD is expected to go live later in 2026 on Solana, Stellar, Base, and Polygon. Tempo CEO Matt Huang confirmed OUSD will be natively issued on its network from day one, with support for payments, liquidity, exchanges, and DeFi.
Open Standard is not the first consortium to try this model. Paxos leads the Global Dollar Network (USDG) — backed by Robinhood, Kraken, and Galaxy Digital — on the same premise: share reserve income, grow adoption.
In Europe, 37 banks and payment providers have organized around Qivalis, a euro-denominated stablecoin, as institutions push back against U.S. dollar dominance in the digital asset space.
The timing is not accidental. Stablecoins have migrated out of crypto trading and into cross-border payments, merchant settlements, and corporate treasury operations.
Citi projects the market will reach $4 trillion by 2030.
This post Visa, Mastercard, And Over 140 Companies Launch Stablecoin Open USD first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
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