Open USD Consortium Accused of Listing Samsung and Others as Stablecoin Partners Without Consent

Odaily Planet Daily News: The Open Standard, the consortium behind Open USD (OUSD), has been accused of listing companies such as Samsung Electronics as supporters of the OUSD stablecoin project without their consent.

Tony Chung, Head of Blockmedia's BD division, stated that Samsung Electronics claims no formal discussions have taken place and are unclear on what role they would play in the project.

Shinhan, Dunamu, and K Bank stated that Open Standard had inquired about their interest in participating, and they only indicated they would "consider" it, but later discovered their names had been listed as consortium members.

Tether advisor Gabor Gurbacs stated that some of the listed partners claim they never signed or agreed to anything.

Circle Co-founder and CEO Jeremy Allaire posted that "Integrity matters." OUSD is expected to launch later this year. (Bitcoin.com News).