Open Standard links partners’ shares to the growth of the stablecoin
CoinDesk reported that Open Standard will distribute «the overwhelming majority» of its equity shares to partners over time, according to CEO Zach Abrams. Partners’ share will be determined based on how much they contribute to the stablecoin’s growth.
• The planned distribution relates to Open Standard’s equity shares.
• The distribution criterion is the partners’ contribution to growth, carried out over time.
💧 Market impact and liquidity: Linking ownership to growth may encourage partners to expand the use of the stablecoin, but the available information does not prove an effect on liquidity or trading volumes.
🎯 Most affected: the stablecoins sector
Source: CoinDesk
$USDT #Tether $USDC #USDC #Crypto #Stablecoins
CoinDesk reported that Open Standard will distribute «the overwhelming majority» of its equity shares to partners over time, according to CEO Zach Abrams. Partners’ share will be determined based on how much they contribute to the stablecoin’s growth.
• The planned distribution relates to Open Standard’s equity shares.
• The distribution criterion is the partners’ contribution to growth, carried out over time.
💧 Market impact and liquidity: Linking ownership to growth may encourage partners to expand the use of the stablecoin, but the available information does not prove an effect on liquidity or trading volumes.
🎯 Most affected: the stablecoins sector
Source: CoinDesk
$USDT #Tether $USDC #USDC #Crypto #Stablecoins