Open USD has launched as a new challenger to USDC and USDT, backed by major companies including Visa, Mastercard and Google.
Open USD has launched as a new challenger to USDC and USDT, backed by major companies including Visa, Mastercard and Google.
Open USD has entered the stablecoin market as a new competitor to USDC and USDT. The launch is backed by prominent companies including Visa, Mastercard and Google.
Open USD has entered the stablecoin market as a new competitor to USDC and USDT. The launch is backed by prominent companies including Visa, Mastercard and Google.
The arrival matters because Open USD is positioning itself directly against two established stablecoin names. Support from major payments and technology companies also gives the launch notable institutional weight.
The new stablecoin could increase competition among companies seeking a role in the sector. However, the available details do not establish how quickly Open USD might gain adoption or affect its incumbent rivals.
For now, the launch expands the field of stablecoin offerings and puts Open USD alongside USDC and USDT as a project seeking users and market relevance.
Keep exploring
Bitget plans to exit the Japanese market and close all remaining positions by the end of the year. The move adds to ongoing shifts among crypto companies navigating Japan’s regulatory environment.
Read
CoinDesk’s State of Crypto coverage counts down recent developments shaping the crypto policy and market landscape. The report frames these changes as important for how companies and participants navigate the sector.
Read
Strategy said it is holding the dividend on its STRC preferred stock at 12%. The decision keeps the payout unchanged for investors in the company’s yield-focused security.
Read