English < Article List - DigitalToday

Search results for OUSD

Crypto

OpenUSD launches with Visa and Mastercard as ex-Ripple engineer says XRPL was 15 years ahead

OpenUSD, a stablecoin project involving about 140 financial firms including Visa, Mastercard, Stripe and BlackRock, has launched, renewing attention on the early design philosophy of the XRP Ledger. Former Ripple principal engineer Matt Hamilton said the project’s structure is effectively the same as what XRPL envisioned when it was first designed in 2012. He said XRPL was built for banks to issue their own stablecoins and exchange them on one network.

Crypto

Circle CEO says USDC is 10-year infrastructure, raises questions over OUSD business model

Circle CEO Jeremy Allaire (제러미 알레어) stressed USDC’s network advantage as a new stablecoin, OUSD from Open Standarder, emerges. He said USDC’s decade-built integrated network, liquidity and regulatory infrastructure provide a structural edge over new stablecoins. Allaire described stablecoins as a platform business driven by network effects and ongoing investment. He also questioned OUSD’s model, citing concerns over free issuance and redemption and partner revenue sharing.