The project, supported by Visa, Mastercard and many crypto companies, could be in a position to challenge Tether’s USDT and Circle’s USDC, currently the two largest stablecoins by market capitalization.

Source: [CoinTelegraph](https://cointelegraph.com/news/financial-companies-us-dollar-payment-stablecoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)

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