By: Yueqi Yang
Stripe, Visa, Mastercard and Coinbase are planning to form a consortium to issue a new stablecoin, according to people familiar with the matter, seeking to challenge the dominance of Circle and Tether, the two biggest issuers that make up 80% of market share currently.The new stablecoin will be compliant with the Genius Act, the U.S. legislation passed last year. Coinbase’s participation is











