Login
Sign Up
Woofun AI reports that Open Standard has introduced the Open USD (OUSD) stablecoin, supported by an ecosystem of over 140 institutions including Visa, Stripe, Mastercard, American Express, BlackRock, BNY, DBS, Coinbase, OKX, MetaMask, Aave, Ripple, Fireblocks, Solana, and Polygon. The asset is designed around three core principles: enterprise zero-cost large-scale minting and redemption, full reserve asset yield distribution to partners after management fees, and governance by a board comprising Open Standard and its partners rather than a single issuer. Open Standard confirmed that Open USD will officially launch later this year, aiming to establish open, low-cost, high-throughput infrastructure with a shared economic model for the Internet economy and global enterprise payments.