OpenUSD's model looks like a DAO experiment; the capital pool can't support ecosystem rebates, and it's no match for the agility of USDT/USDC.

ARK Invest research director Lorenzo Valente is skeptical about the OpenUSD stablecoin alliance, believing that a coalition of 500 competitors will struggle to make efficient decisions, that liquidity will be difficult to bootstrap from a cold start, and that it lacks trading pairs with mainstream crypto markets. Its economic model is also criticized as underfunded and unable to support the scale of ecosystem rebates, likening it more to a DAO experiment that can hardly compete with Circle and Tether's single-decision-making entities and market responsiveness.