đŸ’” Open USD Enters the Stablecoin Race

🚀 OUSD Launches
🌐 Open Standard has launched Open USD (OUSD) on Ethereum, Solana, Base, and Tempo.
💳 The stablecoin targets payments, banking, cross-border transfers, settlement, and institutional trading.

đŸ€ Partner-Driven Model
🏩 Coinbase, Mastercard, Shopify, Stripe, and Visa are its five founding investors.
📈 Open Standard plans to distribute much of its equity over 4–5 years based on partners’ contributions to OUSD growth and activity.

💰 Challenging USDT & USDC
🌎 OUSD enters a $300B+ stablecoin market dominated by Tether’s USDT and Circle’s USDC.
⚡ It also plans to eliminate minting and burning fees, potentially lowering costs for large users.

🔼 Long-Term Vision
🌍 Open Standard aims to make stablecoins a major part of global payments and eventually support hundreds of trillions of dollars in annual money movement.

đŸ·ïž#OpenUSD #OUSD #Stablecoins #CryptoPayments #DigitalDollar