Search results for Open USD
Crypto
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.
Crypto
Cardano Foundation says OpenUSD integration possible after Visa, Ripple join
The Cardano Foundation publicly raised the possibility of expanding links with the OpenUSD (OUSD) ecosystem. It said partner Brale joined OpenUSD as a launch partner and could help broaden connections with Cardano. The foundation said it is also considering other integration options and will disclose details if discussions progress. The comments came after criticism that Cardano was absent from a public list of organisations linked to OpenUSD.
Crypto
OpenUSD aims to reshape stablecoin revenue model, compete head-on with USDC
OpenStandard has unveiled OpenUSD, a stablecoin that shares reserve income with distribution and payment partners rather than paying returns directly to holders. The project is positioned as a shared infrastructure with more than 140 named partners, including Visa, Stripe and Coinbase. Key disclosures such as supply, redemption history and reserve details have not been released, with launch expected in late 2026. The model comes as U.S. policymakers debate restricting yield on payment stablecoin balances.