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Woofun AI reports that Open USD intends to distribute reserve asset earnings to participating partners, a mechanism that could challenge Circle's USDC distribution model and profit margins. The stablecoin, backed by over 140 entities including BlackRock, OKX, and Solana, is scheduled for launch in the second half of 2026. Open Standard announced the project on July 1st, highlighting core principles of zero-cost corporate participation, large-scale minting, and joint governance. While CoinShares notes that key details like reserve structures remain undisclosed, the potential shift in profit allocation may increase operational pressure on existing stablecoin networks.