Stripe, Visa and 140+ Firms Back New Stablecoin to Challenge Tether and Circle
A coalition of more than 140 companies, including Stripe and Visa, is reportedly preparing to launch a new stablecoin designed to compete with industry leaders Tether and Circle. The initiative represents one of the largest collaborative efforts yet to reshape the global stablecoin market and could significantly increase competition in digital payments. Backed by major payments players, the project aims to provide a more interoperable and widely accepted digital dollar for businesses and consumers. The announcement reflects how stablecoins are rapidly becoming core financial infrastructure rather than niche crypto products. It also highlights growing interest from traditional financial institutions in building next-generation payment rails powered by blockchain technology. If successful, the consortium could accelerate mainstream stablecoin adoption while reshaping the competitive landscape for digital payments worldwide.
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Unlocking Agentic Money Movement
Agentic money movement is the next evolution of financial systems, where software not only follows rules but initiates and executes transactions autonomously. Control at execution is what determines whether or not this model scales.
Key takeaways. Key shifts shaping the security landscape:
Money evolves in phases. Fintech digitized financial services, crypto made money programmable, and now agentic systems are emerging as autonomous economic actors.
Programmable money was the foundation. Stablecoins and wallets enabled faster settlement, global access, and logic-driven transactions, but still relied on human coordination.
Agents are economic participants. They negotiate, transact, and manage capital directly, requiring identity, access, and enforceable constraints just like human actors.
Wallets are the layer where transactions are signed and authorized. They provide the interface through which agents access capital and operate within defined permissions and policies.
Control must move to execution. Policies, limits, and permissions must be enforced at the moment of signing, not in application logic or post-hoc review.
Security and performance must coexist. Real-time systems require low-latency execution with cryptographic guarantees, not tradeoffs between speed and control.
This shift is already underway. Teams are building and operating agentic systems in production, moving capital autonomously.
Agentic finance is already operating in production environments today. The companies that participate in this new financial system will be those that embed control directly into execution and can enforce constraints continuously, without relying on human intervention.
Curated News
💳 Payments
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🏦 Banking
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Mastercard Launches Africa Cybersecurity Center of Excellence
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💼 Fintech
Google Cloud and FactSet Expand AI for Financial Markets
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🪙 Crypto
Standard Chartered Secures MiCA Licence for European Digital Assets
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FlexTrade Connects to EDX Markets
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Digital Prime Technologies Expands Tokenet to BitGo
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Strategy Could Sell Billions in Bitcoin Under New Capital Plan
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MetaMask Launches Money Account
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OKX Wants AI Agents to Hire and Pay Each Other
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SharpLink Buys Ethereum Despite Market Decline
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📈 WealthTech
Tide Launches Investment Account for SMEs
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⚖️ Regulation
UK FCA Unveils Landmark Crypto Rulebook
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SEC Reconsiders Rules for Novel ETFs
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Binance Hit With $199M UK Investor Lawsuit
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🌍 Other
EIB Issues First DLT-Native Commercial Paper
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The interesting part to me isn’t another stablecoin entering the market. It’s the incentive structure. If distributors participate in reserve economics, their reason to push the asset changes completely.
Interesting move - this feels less like another “crypto experiment” and more like coordinated infrastructure alignment between card networks, fintechs, and stablecoin rails. The real signal is standardisation, not the token itself.