POPA ReconSamsung, Dunamu and K Bank Deny Joining the OUSD Stablecoin Consortium
Samsung, Dunamu and K Bank Deny Joining the OUSD Stablecoin Consortium Three of the marquee names attached to Open USD (OUSD) — Samsung, Dunamu (the parent of Korean exchange Upbit) and internet bank K Bank — say they never formally agreed to join the consortium, and were caught off guard to find themselves listed as partners. OUSD, backed by Open Standard, was unveiled as a revenue-sharing stablecoin standard with a roster of 140+ "major partners" spanning Coinbase, BlackRock, Visa, Stripe and Mastercard — pitched as a serious challenger to Circle's USDC. The public denials from three high…
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