#OUSD稳定币上线 Financial institutions including Visa, BlackRock, and Coinbase will jointly launch a new stablecoin OUSD


Open Standard announces the launch of Open USD (OUSD), an alliance stablecoin for global payments and settlements. Over 140 institutions, including Visa, Stripe, Mastercard, BlackRock, BNY, Coinbase, Ripple, Google, Shopify, Bybit, OKX, and Solana, have joined the ecosystem.
Open USD adopts an alliance governance model, where partners proportionally share stablecoin reserve yields (after deducting a small operational fee) and participate in governance together, rather than being controlled by a single issuer.
Open USD supports zero-fee minting and redemption with unlimited issuance scale, and is expected to officially launch later this year.
Zach Abrams, co-founder and CEO of Bridge, Stripe’s stablecoin infrastructure company, will temporarily serve as the CEO of Open Standard.
The previously disclosed alliance list for the dollar stablecoin Open USD (OUSD) includes several Korean companies such as Samsung Electronics, Dunamu, KakaoBank, Hyundai Card, KB Kookmin Card, and Samsung Card. However, multiple companies have stated that they have not formally negotiated with the OUSD issuer.
Reports indicate that a Samsung Electronics representative said no formal discussions have taken place and that they are unclear about the role they would play in the alliance. Dunamu and K Bank stated that Open Standard had asked if they were interested in participating in OUSD, and they only replied that they could "briefly consider it." Another company official said they only learned about being listed as a member of the OUSD alliance through domestic Korean news and expressed confusion about being included.
SOL1.05%
View Original
ThisIsTranslateContent:
#OUSD稳定币上线 Financial institutions such as Visa, BlackRock, and Coinb will jointly launch a new stablecoin, OUSD.
Open Standard announced the launch of the consortium stablecoin Open USD (OUSD) for global payments and settlements, with over 140 institutions including Visa, Stripe, Mastercard, BlackRock, BNY, Coinb, Ripple, Google, Shopify, Byb, OK, Solana, etc. already joining the ecosystem.
Open USD adopts a consortium governance model, where partners can proportionally share the stablecoin reserve yields (after deducting minor operating costs) and jointly participate in governance, rather than being controlled by a single issuer.
Open USD supports zero-fee minting and redemption and unlimited issuance scale, and is expected to officially launch later this year.
Zach Abrams, co-founder and CEO of Bridge, the stablecoin infrastructure company under Stripe, will temporarily serve as CEO of Open Standard.
The previously disclosed consortium list for the dollar stablecoin Open USD (OUSD) included several Korean companies such as Samsung Electronics, Dunamu, KakaoBank, Hyundai Card, KB Kookmin Card, and Samsung Card, but multiple companies stated that they have not engaged in formal negotiations with the OUSD issuer.
According to reports, a representative from Samsung Electronics said they had not conducted formal negotiations and were unclear about what role they would play in the consortium. Dunamu and K Bank, etc., stated that Open Standard had asked if they were interested in participating in OUSD, and their response was merely "we can briefly consider it." Another corporate source said they only learned they were included in the OUSD consortium member list through domestic Korean news and were confused about being listed.
repost-content-media
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
Add a comment
Add a comment
ThisIsTranslateContent:
· 5h ago
Steadfast HODL💎
View OriginalReply0
HighAmbition
· 5h ago
thanks for sharing
Reply0
Yusfirah
· 6h ago
Diamond Hands 💎
Reply0
Yusfirah
· 6h ago
To The Moon 🌕
Reply0
  • Pinned