Episode Details

Open USD’s big splashy announcement touting 140 corporate backers—including Samsung and Upbit—has sparked a major credibility crisis. Turns out, most of those companies are now clarifying they had no formal commitments, with Upbit admitting only potential future interest and Samsung admitting no official talks. The confusion? Blame South Korea’s still-evolving digital asset regulations, which have left firms wary of locking in until the legal framework is clear. What looked like a major stablecoin launch is now a cautionary tale of hype outpacing reality.

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