WS #15163
A consortium backed by Visa, Stripe, and over 100 companies has launched OUSD, a $1 billion dollar-pegged stablecoin, directly challenging Tether and USDC dominance. This institutional entry into the stablecoin market coincides with rising polymarket bets on Bitcoin holding above $80,000, suggesting growing institutional confidence and liquidity inflows into the crypto asset class.
Crypto and Stablecoin Expansion
A consortium backed by Visa, Stripe, and over 100 companies has launched OUSD, a $1 billion dollar-pegged stablecoin, directly challenging Tether and USDC dominance. This institutional entry into the stablecoin market coincides with rising polymarket bets on Bitcoin holding above $80,000, suggesting growing institutional confidence and liquidity inflows into the crypto asset class.