727 FinanceAccording to Foresight News, Mastercard announced that it will access the stablecoin Open USD (OUSD) through BVNK, a stablecoin infrastructure company it acquired earlier this year. Financial institutions, distributors and businesses can use OUSD, fiat currencies and other stablecoins through BVNK and rely on existing infrastructure to exchange and settle between different forms of currency.
Mastercard provides Open USD access service through BVNK, supporting fiat currency and stable currency exchange
Related news
Weekly Preview | U.S. Midterm Elections, Nonfarm Payrolls, Apple Earnings on Deck; Bitway (BTW) to Unlock Over $100 Million in Tokens
"November 02" SOL treasury company DeFi Development raises annual dividend rate on its preferred stock CHAD to 14%