Visa, Mastercard, BlackRock, BNY join new OpenUSD stablecoin with 140 partners
Open Standard has unveiled plans for a new stablecoin called OpenUSD. More than 140 firms have signed up to use it, including Visa, Mastercard, BlackRock, BNY, Google, and Coinbase.
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Open Standard, led by former Bridge CEO Zach Abrams, will share all reserve revenue minus a small management fee across 140-plus partners including Visa, Mastercard, BlackRock, BNY, Google and Coinbase.
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