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Sharlene Jaeschke B80C
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Sharlene Jaeschke B80C

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🔥 150+ Giants Just Backed a New Stablecoin...👀
🔥 150+ Giants Just Backed a New Stablecoin...👀
Here's why 👇
Circle stock fell 17% after @openstandard unveiled Open USD ($OUSD) with support from 150+ global companies
including Visa, Stripe, Mastercard, BlackRock, Coinbase, Shopify, and Google

Unlike $USDT and $USDC, where issuers keep the interest earned from reserves, Open USD plans to return that yield to its partners (after a small operating fee).
✅ Charge 0 mint & redemption fees
💰 Share reserve yield with partners
It won't be easy to challenge USDT or USDC because of their massive network effects, but with this level of institutional backing, Open USD is entering the race with serious momentum.
Will Open USD become a real competitor to $USDT & $USDC? 👀
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