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Danal joins global Open USD stablecoin ecosystem

Danal is joining the global Open Standard ecosystem and will build payment and settlement infrastructure using the dollar-based stablecoin Open USD (OUSD). The company said on Aug. 21 it is the first domestic payment gateway provider to participate in the ecosystem and has joined as an OUSD participant. Danal plans to gradually add OUSD-based payment and settlement functions to its merchant network and payment infrastructure and expand into cross-border payments and digital-asset settlement.