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OUSD Challenges Stablecoin Giants | Bitcoin and Crypto News
Description
A new stablecoin, Open USD (OUSD), backed by 140 major companies including Visa, Mastercard, Coinbase, and Ripple, is poised to launch later this year with a game-changing twist: businesses minting OUSD keep all reserve earnings. This revenue-sharing model could disrupt the $312 billion stablecoin market dominated by USDT and USDC, especially as U.S. regulatory clarity grows with bills like the GENIUS Act. Circle’s CEO welcomes the competition, while markets await to see if OUSD’s unique incentive can scale — with projections pointing to a $4 trillion stablecoin market by 2030.
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