stablecoin2026-07-01 06:54:42140 Giants Including Visa and Mastercard Back New Stablecoin OUSD, But Industry Sees Limited Near-Term Impact on USDT/USDCOpen Standard has launched a new stablecoin OUSD, backed by 140 major enterprises including Visa and Mastercard. OUSD employs a collaborative management model where revenue is distributed to participants, aiming to challenge the existing stablecoin landscape. However, industry analysts believe OUSD is unlikely to disrupt the dominance of USDT and USDC in the near term, though this move signals traditional finance's deep engagement with stablecoin infrastructure and could boost global stablecoin adoption.1330
OUSD2026-07-01 06:54:42Open Standard Launches OUSD Stablecoin with 140 Corporate Backers, Including Visa and Mastercard; Market Impact Seen as LimitedOn July 1, 2026, Open Standard launched its stablecoin OUSD, backed by 140 enterprises including Visa and Mastercard. OUSD adopts a collaborative governance model that distributes protocol revenues to holders, aiming to challenge the dominance of USDT and USDC. However, analysts believe OUSD will not meaningfully disrupt the current stablecoin market in the near term, despite the strong traditional finance involvement. The move highlights traditional finance's growing engagement with stablecoin infrastructure.1300
OUSD2026-07-01 06:54:42Visa and Mastercard Join 140 Firms to Launch OUSD Stablecoin: Limited Impact on Market ExpectedOpen Standard has launched a new collaborative stablecoin called OUSD, backed by 140 enterprises including Visa and Mastercard. OUSD distributes network earnings to participants, challenging existing centralized stablecoin models. Despite strong institutional support, analysts believe OUSD will struggle to dethrone USDT and USDC's dominance in the short term. The move signals traditional finance's deeper involvement in stablecoin infrastructure and could boost global stablecoin adoption rates.1210
stablecoin2026-07-01 06:54:42Visa, Mastercard Join 140 Firms Backing OUSD Stablecoin; Market Impact Seen LimitedOpen Standard has launched OUSD, a new stablecoin backed by 140 enterprises including Visa and Mastercard. OUSD features a collaborative management model that distributes network fees to participants. Despite strong support, analysts believe OUSD will struggle to challenge the dominance of USDT and USDC. The move signals traditional finance's accelerating engagement with stablecoin infrastructure, potentially boosting global adoption.1250
Rothera2026-06-23 06:01:01Rothera Rises to Third in Prediction Market, Only Behind Kalshi and Polymarket Within Half a MonthRothera, a new prediction market platform, has climbed to third place just two weeks after launch, trailing only Kalshi and Polymarket, reshaping the competitive landscape.1380