Launch a coalition backed by payments giants, including Visa, Stripe Inc., and Mastercard Inc (a new stablecoin tied to the US dollar, in a move considered one of the most coordinated attempts by traditional finance institutions to enter digital currency infrastructure to date.
The coin is called Open USD (OUSD), and was developed by the Open Standard initiative. It is now available to institutional and corporate developers building digital financial services in areas such as banking, settlement, and cross-border transactions. The initial rollout is based on Visa, Stripe, Coinbase Global Inc., and BVNK, which is owned by Mastercard Inc., while Shopify is set to join the group with a stake of around $1,000,000,000.00 from the total token supply to provide immediate liquidity. $NVDAB $AAPLB #AltcoinSeasonIndexHoldsAbove60For5Days #SECToClarifyOnChainFundraisingRules #JapanMOFStudyGroupOnTokenizedGovtBonds
The coin is called Open USD (OUSD), and was developed by the Open Standard initiative. It is now available to institutional and corporate developers building digital financial services in areas such as banking, settlement, and cross-border transactions. The initial rollout is based on Visa, Stripe, Coinbase Global Inc., and BVNK, which is owned by Mastercard Inc., while Shopify is set to join the group with a stake of around $1,000,000,000.00 from the total token supply to provide immediate liquidity. $NVDAB $AAPLB #AltcoinSeasonIndexHoldsAbove60For5Days #SECToClarifyOnChainFundraisingRules #JapanMOFStudyGroupOnTokenizedGovtBonds
