Search results for Open USD
Crypto
Apple and Google seek crypto talent alongside stablecoin interest
Apple and Google have posted jobs seeking candidates with experience in stablecoins, tokenised deposits and blockchain infrastructure. Apple is recruiting in New York for an Apple Pay product strategy role and lists understanding of stablecoins and blockchain technology as a preferred qualification, without stating plans to integrate them. Google is hiring in Hong Kong for a Google Cloud Web3 architect role advising regional clients. Visa said stablecoin settlement volume exceeded $20 billion annualised in September.
Crypto
Tech Insight: Why stablecoins still are not used like money despite being super infrastructure
Zach Abrams, founder and CEO of stablecoin issuer Open Standard, said stablecoins can be as stable as cash, profitable and transferable online, but are not being used effectively for transactions. He cited hurdles in card settlement, institutional trading, corporate treasury management and fintech infrastructure. Abrams said Open Standard is focused on solving these issues with OpenUSD by sharing reserve income, charging small per-transaction fees and imposing no withdrawal fee.
Finance
Race to pre-empt won stablecoin as third financial hub nears
South Korea\'s financial authorities raised their target for household loan growth this year and NH Nonghyup Bank resumed variable-rate mortgage lending, drawing attention to whether mortgage hurdles will fall across the sector. COFIX rose for a fourth month, increasing borrowers\' interest burdens. Financial support for mid-to-low credit borrowers and small businesses is spreading, while the government and regulators advance plans tied to regional finance hubs and debate over a won stablecoin shifts toward payment, distribution and custody infrastructure.
