Has Coinbase announced a launch date for the network?

Coinbase has not yet announced a specific launch date.

How is this stablecoin different from USDC or USDT?

The new stablecoin is USD-backed and will be compatible with the Open Standard network, allowing direct integration with Visa and Mastercard, which could give it an adoption advantage.

What is Coinbase's current share price?

According to the article, Coinbase's share price is $165.48.

Coinbase Partners with Visa and Mastercard to Launch Stablecoin Network

Coinbase (COIN) has partnered with Visa (V) and Mastercard (MA) to launch the Open Standard stablecoin network, which includes a new USD-backed stablecoin. The initiative aims to enable everyday payments using stablecoins across card networks and digital wallets.

July 5, 2026

2 min read

Source: Simply Wall St.

Key Numbers

share price

$165.48

Coinbase (NASDAQ: COIN) has announced a strategic partnership with Visa (V) and Mastercard (MA) to launch the "Open Standard" stablecoin network, which includes a new USD-backed stablecoin. The initiative aims to facilitate everyday payments using stablecoins across card networks and digital wallets.

The Product

The Open Standard network is an open-source platform designed to standardize stablecoin protocols, enabling seamless integration across various payment networks. The new USD-backed stablecoin will be usable for payments via Visa and Mastercard cards, as well as in digital wallets.

Pricing and Availability

Coinbase has not yet disclosed pricing details or a launch timeline. The network is expected to be available in markets where the company operates.

Competition

Coinbase enters the stablecoin market currently dominated by USDT (Tether) and USDC (Circle). The partnership with Visa and Mastercard could give it a competitive edge in terms of widespread adoption.

Potential Impact on the Company

The launch of the Open Standard network could boost Coinbase's revenue through transaction fees and increased platform usage. It also strengthens its position as a key player in digital payments.

Frequently Asked Questions

The Open Standard network is an open-source stablecoin platform designed to standardize protocols and facilitate everyday payments across card networks and digital wallets.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.