Open USD takes on Tether, Circle with a different stablecoin model that’s ‘building money’

Open USD takes on Tether, Circle with a different stablecoin model that’s ‘building money’

Özet: Kripto piyasasında önemli gelişmeler yaşanıyor.

Open Standard, a new stablecoin issuer backed by Coinbase COIN$186.85, Mastercard (MA), Stripe and Visa (V), has brought its dollar stablecoin to market with a model designed to spread more of the economics and ownership across the companies that distribute and use it, rather than concentrating them with a single issuer.

Open USD (OUSD), after being initially unveiled in June, went live on Wednesday on Ethereum ETH$2,668.97, Solana (SOL), Coinbase’s Base and Stripe-backed Tempo blockchains, Open Standard CEO Zach Abrams told CoinDesk.

Abrams previously co-founded and led stablecoin infrastructure firm Bridge, which Stripe acquired for $1.1 billion in 2024.

“We want to be the most useful stablecoin, the same way the U.S.

“Every other stablecoin is building a fund.

We’re building money.” Open USD is entering a stablecoin market worth more than $300 billion and still dominated by two players: Tether’s USDT, with about $143 billion in circulation, and Circle’s USDC, with roughly $74 billion.

As banks, payment firms and fintechs crowd into the sector, competition is increasingly extending beyond simply issuing another digital dollar to distribution, liquidity and the platforms where customers actually use them.

Open USD, he said, is designed for banking, cross-border payments, card settlement, institutional trading and lending, with an economic model built to reward the companies that drive supply and activity.

Analiz: Piyasa hareketliliği devam ediyor.