Stripe, Visa, Mastercard (possibly with Coinbase) are planning to form a consortium to launch a new stablecoin or stablecoin platform, directly targeting Circle (USDC) and Tether (USDT). Visa/Mastercard's global merchant network + Stripe's payment infrastructure + Coinbase's crypto gateway could potentially bring TradFi capital, payment traffic, and real-world assets on-chain. A trillion-dollar breakthrough for stablecoins is likely just a matter of time. Due to liquidity reasons, Ethereum will also benefit (having different entities issuing stablecoins is actually advantageous for a neutral platform).