Open USD Launches With 140+ Giants, Challenging USDC With Zero-Fee Stablecoin Model

Key Takeaways:

• Open Standard launched its new, enterprise-level stablecoin, Open USD, supported by over 140 businesses across the world.
• Minting and redemption are free, the reserve is owned and managed by the partners, and the stablecoin is governed by the community.
• Large firms like Visa, Mastercard, Stripe, Coinbase, BlackRock, and Shopify will be backing the network.

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