POPA ReconOpen Standard Unveils Open USD Backed by 140+ Major Partners
Open Standard Unveils Open USD Backed by 140+ Major Partners Open Standard has unveiled Open USD (OUSD), a new stablecoin built for the internet economy and backed by more than 140 partners, including Visa, Stripe, Mastercard, BlackRock, Google, and Coinbase. The project is designed around three core principles: scale, shared economics, and collaborative governance. Businesses will be able to mint and redeem Open USD at no cost, while partners receive the majority of reserve earnings, minus a small management fee. Open Standard says Open USD is being built as an open, low-cost, and high-th…
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