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The Nexus
DossierENTITY

Open Standard

Coverage of Open Standard in the Nexus archive.

Earliest in view: Jun 30 · 17:27 UTCMost recent: Jul 2 · 12:13 UTC
Co-mentioned in this coverage
Open USDtopic2Visaorganization2Mastercardorganization2Stripeorganization2BlackRockorganization2Coinbaseorganization2American Expressorganization1Moody’s Ratings Financial Institutions Grouporganization1Stephen Tuperson1Fireblocksorganization1Circleorganization1Tetherorganization1Zach Abramsperson1Bridgeorganization1
Recent coverage
  • BUSINESSJul 2 · 12:13 UTCFORTUNE
    Why CFOs should pay attention to Open USD—the new stablecoin backed by more than 140 companies

    Open Standard launched Open USD, a stablecoin backed by over 140 financial institutions and technology partners, including Visa, Mastercard, and Stripe. The stablecoin aims to create a shared infrastructure for tokenized dollars, with governance managed collectively by a board of partner organizations. Its economic model allows partners to mint and redeem tokens at no cost while sharing reserve earnings after a management fee.

  • BUSINESSJun 30 · 17:27 UTCBITCOIN MAGAZINE
    Visa, Mastercard, And Over 140 Companies Launch Stablecoin Open USD

    Visa, Mastercard, and over 140 companies, including Stripe, BlackRock, and Coinbase, launched Open USD, a dollar-pegged stablecoin designed to redistribute stablecoin market economics. The project aims to challenge existing stablecoins like USDC and USDT by offering no fees and sharing reserve income with users, managed by an independent organization.