
The announcement of Open USD, a new stablecoin for global money movement, highlights a collaborative governance model where partners receive earnings from underlying reserves. Major financial and tech entities signed up to use the asset include Visa, Mastercard, BlackRock, Google, and Coinbase. The ecosystem also features integration with blockchain networks and protocols such as Solana, Ripple, Aave, Stellar, Polygon, and Aptos Labs.

By mdudas
crypto investor @6thManVentures // co-founder @theblock__ @linksdao // @moonbirds kol