Stripe, Visa, and Mastercard are jointly preparing a stablecoin platform; Coinbase may participate.

CoinFeed reported on June 3rd that, according to CoinDesk, global payment networks Stripe, Visa, and Mastercard are preparing to launch a new stablecoin platform, and the three companies are close to an official launch. Sources familiar with the matter revealed that the US-listed exchange Coinbase is considering participating in the platform. The current total market capitalization of stablecoins is approximately $325 billion, with Tether's USDT dominating at around $115 billion. Stripe acquired stablecoin infrastructure company Bridge for $1.1 billion in 2024, and Mastercard acquired BVNK this year and plans to expand its "24/7" stablecoin settlement service.