Visa and Google Sign on to Use Money Movement Stablecoin OpenUSD

Several of the world’s payments and tech giants have agreed to use the money movement stablecoin Open USD. That coin is set to go live later this year, according to an announcement Tuesday (June 30) from Open Standard , the company behind Open USD. It noted in a blog post that the launch is happening as stablecoin transaction volume is approaching that of the ACH network.