Open USD Plans 2026 H2 Launch, Reserve Yield Distribution Model Challenges USDC
2026-07-15 14:05
Odaily Planet Daily News: Digital asset management firm CoinShares stated that Open USD directly challenges Circle by distributing yield generated from stablecoin reserves to partners, thereby weakening USDC's distribution economic model.
Open USD is composed of over 140 companies, including BlackRock, Coinbase, Mastercard, Stripe, and Visa. The stablecoin is expected to launch in the second half of 2026.
CoinShares noted that while Open USD presents competitive pressure, USDC's existing liquidity and integration base may be difficult for new entrants to replicate.
Open USD is composed of over 140 companies, including BlackRock, Coinbase, Mastercard, Stripe, and Visa. The stablecoin is expected to launch in the second half of 2026.
CoinShares noted that while Open USD presents competitive pressure, USDC's existing liquidity and integration base may be difficult for new entrants to replicate.
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