Cryptocurrency Project Backed by 140 Companies, Including Visa and BlackRock, Launched! This Giant Altcoin Was Chosen!

cryptonews.ruОпубліковано о 2026-07-31Востаннє оновлено о 2026-07-31

Анотація

A new generation stablecoin project called Open USD (OUSD), aimed at institutional investors and backed by a consortium of over 140 companies including Visa, Mastercard, Stripe, and BlackRock, is preparing for launch. Initially launching on the Ethereum platform, OUSD is positioned to simplify corporate transactions using digital dollars. The project, led by Open Standard, aims to allow businesses to issue and exchange OUSD without fees or volume limits. A notable feature is its reserve revenue-sharing model, which plans to distribute earnings from OUSD reserves to ecosystem partners after deducting operational management fees, presenting a different approach compared to some existing major stablecoin models. The launch on Ethereum is seen as significant for further solidifying the platform's leading role in institutional finance, particularly for applications involving stablecoins, real-world assets (RWA), and tokenization.

The Open USD (OUSD) project, a next-generation stablecoin aimed at institutional investors, is preparing for launch.

OpenUSD (OUSD), a stablecoin focused on institutional investors and backed by a consortium of over 140 companies including Visa, Mastercard, and BlackRock, will initially launch on the Ethereum platform.

This was announced by the independent non-profit organization Ethereum Institutional, which is focused on Ethereum adoption by institutional investors, in a statement published on its official X account.

"Visa, Mastercard, Stripe, BlackRock, BNY Mellon, and over 140 participating companies are implementing OUSD on Ethereum for the first time."

Corporate Payment Infrastructure is the Target!

According to the statement, Open USD (OUSD) is positioned as a stablecoin designed to simplify transactions in digital dollars for companies.

The Open Standard company behind this project aims to enable businesses to issue and exchange OUSD without fees or volume limits.

One notable feature of this stablecoin is its reserve revenue distribution model. The plan is to share the revenue from Open USD's reserves with partners participating in the ecosystem, after deducting operational management fees. This structure stands out as a different approach to revenue distribution compared to some existing large stablecoin models.

Finally, the launch of OUSD on the Ethereum network is of immense significance for further solidifying the platform's leading position in institutional finance. This is because Ethereum stands out as crucial infrastructure for institutional use in applications related to stablecoins, real-world assets (RWA), and tokenization.

*This is not investment advice.

end-content

Пов'язані питання

QWhat is the name of the new stablecoin project supported by over 140 companies, and which major companies are mentioned as backers?

AThe project is called Open USD (OUSD). Major backers mentioned include Visa, Mastercard, and BlackRock.

QOn which blockchain platform will the Open USD (OUSD) stablecoin be initially launched?

AOpen USD (OUSD) will initially be launched on the Ethereum platform.

QWhat is the primary goal or target application for the Open USD (OUSD) stablecoin?

AThe primary goal of OUSD is to simplify transactions in digital dollars for companies, targeting corporate payment infrastructure.

QHow does the Open USD (OUSD) project plan to handle the revenue from its reserves, and how is this different from some existing stablecoin models?

AOUSD plans to share reserve revenue with partners within its ecosystem after deducting operational management fees. This is noted as a different approach to revenue distribution compared to some existing major stablecoin models.

QAccording to the article, why is launching OUSD on Ethereum considered significant for the platform?

ALaunching OUSD on Ethereum is considered significant for further solidifying Ethereum's leading position in institutional finance, as it is a key infrastructure for institutional use in stablecoin, real-world asset (RWA), and tokenization applications.

Пов'язані матеріали

Has Bitcoin Bottomed, or Is a 'Shakeout' Approaching? What's the Situation with XRP?

Cryptocurrency analytics platform Santiment shared key insights on Bitcoin and altcoin markets, highlighting significant signals from on-chain data. Analysis shows Bitcoin's 365-day MVRV ratio has fallen to -26%, indicating substantial losses for long-term holders, a level historically associated with market bottom formations and long-term buying opportunities. While short-term MVRV is near breakeven, suggesting no clear directional signal, the annual perspective points to a bottom before bullish cycles. On-chain data reveals divergent behavior: large wallets (10-10,000 BTC) have been accumulating, adding ~18,500 BTC in 10 days, while smaller retail investors continue buying dips. Analysts caution that high retail demand can sometimes create a risk of a final market shakeout or correction. The altcoin market shows a mixed picture. Ethereum's 365-day MVRV is around -33%, but recent monthly gains combined with overly optimistic social sentiment pose a short-term correction risk. XRP is in oversold territory with 30-day and 365-day MVRVs at -57.5% and -45.5% respectively, signaling potential for a strong mid-to-long term rebound. Social activity and optimism are rising for Solana, while investor sentiment remains calmer towards Cardano. Future direction for Bitcoin and altcoins depends not only on on-chain metrics but also on macroeconomic and regulatory developments. The Federal Reserve's interest rate decision and upcoming policy rulings are increasing market volatility expectations, while uncertainty around the U.S. Congressional clarity process continues to pressure pricing. *This is not investment advice.

cryptonews.ru23 хв тому

Has Bitcoin Bottomed, or Is a 'Shakeout' Approaching? What's the Situation with XRP?

cryptonews.ru23 хв тому

Rumors Spread About Altcoin: Former Employees Speak Out

Rumors are circulating about the Solana-based meme launchpad Pump.fun allegedly conducting employee layoffs just before significant token unlocks. According to reports, the company began terminating employees around two months before their $PUMP tokens were scheduled to vest. At least one former employee reportedly lost tokens now valued at over $1 million. Internal documents suggest Pump.fun cited overly rapid growth as a reason for layoffs starting in early April. Terminated employees were offered severance, but the major loss stemmed from forfeiting their allocated $PUMP tokens per their agreements, which stipulated a four-year vesting schedule. A second wave of layoffs reportedly occurred in mid-July, with claims that some employees were dismissed just one day before their tokens unlocked. The total number of employees let go over two months is said to exceed 40. Pump.fun co-founders have not commented. Despite an approximate 79% drop from its 2025 peak, $PUMP retains substantial value. The platform itself has been highly profitable since late 2024, generating around $1.3 billion in total revenue and facilitating the creation of over 20.8 million tokens, with daily revenue reportedly still near $1 million.

cryptonews.ru1 год тому

Rumors Spread About Altcoin: Former Employees Speak Out

cryptonews.ru1 год тому

Ethereum Experiences a 43-Day Queue for Staking: But According to One Expert, This Is Not a True Bull Signal

A 43-day queue has formed for staking on Ethereum, with about 2.5 million ETH awaiting activation due to a surge in new validators. However, Thomas Brunner of Sygnum Bank cautions that this backlog should not be seen as a direct bullish signal. He explains it reflects institutional demand but is heavily influenced by Ethereum's protocol mechanics, like the post-Dencun daily validator activation limit of ~57,600 ETH, unchanged with the Pectra upgrade. Pectra allows topping up existing validators, but even small additions join the same activation queue as new stakers. Therefore, the queue comprises not just new investor demand but also restaking and reward compounding from existing participants. Brunner suggests a stronger positive signal is the nearly empty withdrawal queue, indicating current stakers are holding. He notes institutional interest persists despite ETH price weakness, viewing staking yield as a core feature, though privacy concerns over on-chain traceability remain a key barrier to faster institutional adoption.

cryptonews.ru2 год тому

Ethereum Experiences a 43-Day Queue for Staking: But According to One Expert, This Is Not a True Bull Signal

cryptonews.ru2 год тому

Bank of Korea Reveals Results of Tokenized Deposit Testing

The Bank of Korea has announced the results of its pilot test for tokenized deposits. Involving 28 central banks and international financial organizations, the project saw participation from major South Korean banks including KB Kookmin Bank, NH NongHyup Bank, Shinhan Bank, Woori Bank, and Hana Bank. Transactions, from payment orders to final settlement, were completed in real time, averaging just 80 seconds. The test involved 30 transactions across 17 different scenarios—such as corporate and interbank transfers—and was conducted in six currencies, including the Korean won, US dollar, and euro, with a total transaction value reaching approximately $995,000. The central bank reported that the platform operated stably throughout, despite being only partially connected to the existing banking infrastructure. Settlements using tokenized deposits were executed seamlessly, quickly, and transparently. An internal transfer of 20 million won (about $13,890) between NH NongHyup Bank and Shinhan Bank was also successfully processed via the Project Agora platform, which involved connecting to the Bank of Korea's CBDC test platform, Project Hangang. Additionally, KB Kookmin Bank and Japan's MUFG Bank tested cross-border payments using these deposit tokens—digital certificates issued by commercial banks within the pilot, not directly by the central bank. The Bank of Korea plans to continue testing payments with tokenized deposits. This follows last year's pledge by South Korean authorities to tighten regulations for won-based stablecoins, which will require approval from both the central bank and the Financial Services Commission.

cryptonews.ru2 год тому

Bank of Korea Reveals Results of Tokenized Deposit Testing

cryptonews.ru2 год тому

Head of Major Miner Estimates AI Profitability Ten Times Higher Than Mining

The CEO of Canadian mining company HIVE Digital Technologies, Frank Holmes, stated that the company is accelerating its development in artificial intelligence (AI) computing. HIVE, one of the world's largest public bitcoin miners controlling about 2% of the global hashrate, expects its revenue share from AI to grow from approximately 10% to over 50% this year. Holmes highlighted the significant difference in profitability, noting that ASIC miners generate around $0.12–0.14 per hour, while a single Nvidia H100 GPU can earn nearly $2 per hour. Even older GPUs yield about $1.4 per hour, roughly ten times the revenue from mining hardware. Major miners like Riot Platforms, Cipher Digital, MARA, and TeraWulf are mitigating losses by shifting from cryptocurrency mining to supporting AI computations in their data centers or combining both activities. For instance, MARA Holdings recently purchased a $600 million site for AI and mining data centers. The company's CEO had previously warned that without at least a 50% annual increase in Bitcoin's price, the current mining model would become unprofitable. With the estimated cost to mine one Bitcoin around $78,000 for summer 2026 and Bitcoin's price remaining below that level for months, some miners have begun shutting down equipment as rising costs and network difficulty squeeze margins.

cryptonews.ru2 год тому

Head of Major Miner Estimates AI Profitability Ten Times Higher Than Mining

cryptonews.ru2 год тому

Торгівля

Спот
活动图片