There is no Stopping Power period. We also have no such thing as 'team perks'. All other #MW3 MP details remain undisclosed.
When asked whether the lack of Stopping Power would prevent MW3 from having a fast-paced multiplayer, Bowling insinuated that base damage of weapons will be made higher than before in order to compensate for the lack of Stopping Power:
Stopping power is not what makes Modern Warfare fast paced, weapon damage does that. It can be fast without a single perk.