A new stablecoin called Open USD aims to differentiate itself by distributing reserve revenue to participating businesses, a departure from models where issuers retain interest earnings. Backed by major financial and crypto firms including Visa, Stripe, and Coinbase, the project is being developed under the Open Standard initiative and is expected to launch later this year. According to Open Standard, businesses will be able to mint and redeem Open USD without paying fees or facing volume limits, potentially lowering barriers to adoption for merchants and platforms. The involvement of established payment processors and exchanges signals growing institutional interest in stablecoins as tools for settlement and commerce. The revenue-sharing structure could appeal to enterprises seeking to offset costs while integrating digital dollar payments, though full technical and operational details have yet to be disclosed ahead of the planned rollout.
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