DevFortuneabout 2 hours ago
Stripe and Visa back new stablecoin Open USD
3 min read
Open Standard, partnered with Stripe, Visa, BlackRock and over 140 firms, will launch a stablecoin called Open USD (OUSD) later this year. OUSD returns most reserve revenue to participants minus a small fee. Circle's stock fell 13% after the announcement.
Level
Hype check
Tap to vote and see what everyone thinks.
