🚀 A new stablecoin challenger arrives.
🚀 Open USD (OUSD) Launches With Support From Major Financial and Crypto Companies
OpenStandard has unveiled Open USD (OUSD), a new stablecoin aiming to compete directly with USDT and USDC.
What makes OUSD different?
✅ Free issuance and redemption.
✅ Revenue generated from reserve assets will be shared with participating partners.
✅ Governance will be shared among ecosystem participants.
More than 140 launch partners
The project has attracted major companies across finance, payments, technology and crypto, including:
The initiative is being led by Zach Abrams, former CEO of Bridge.
Today, the stablecoin market exceeds $312 billion, with:
• USDT: 59.1% market share
• USDC: 23.5% market share
OpenStandard hopes to differentiate itself by sharing reserve income with partners—something existing major issuers have not traditionally offered.
Although OUSD launches with an impressive institutional network, widespread adoption will ultimately depend on real payment, banking and trading integrations.
To compare platforms for buying, holding or trading stablecoins, visit the cryptocurrency exchange ranking on FORECK.INFO.
