Visa, Mastercard, Coinbase and over 140 businesses launched Open Standard to issue Open USD, a US dollar-tied stablecoin expected later in 2026. The move follows the GENIUS Act signed into law on July 18, 2025, which created a new regulatory framework and aims to expand stablecoin use beyond crypto trading.
Research has indicated that existing stablecoins are still primarily used for trading crypto assets rather than everyday purchases.
Stablecoins remain relatively safe amid broader crypto volatility.
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