Open USD Plans to Launch in the Second Half of 2026, Reserve Yield Distribution Model Challenges USDC
2026-07-15 14:05
Odaily Odaily reports that digital asset management company CoinShares stated that Open USD directly challenges Circle by distributing the yield generated from the stablecoin's reserves to partners, thereby undermining the distribution economic model of USDC.
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 stated that although Open USD creates competitive pressure, the existing liquidity and integration base of USDC 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 stated that although Open USD creates competitive pressure, the existing liquidity and integration base of USDC may be difficult for new entrants to replicate.
