September 30th 2026, 3:34 PM
Open USD Challenges Tether and Circle with Unconventional Stablecoin Model
Key Summary
The “overwhelming majority” of Open Standard’s equity will be distributed over time to partners based on how much they help grow the stablecoin, CEO Zach Abrams said.
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Key Findings
Open Standard, a new stablecoin project, is challenging the dominance of Tether and Circle with a novel distribution model that rewards partners for contributing to the stablecoin's growth.CEO Zach Abrams' Vision
According to CEO Zach Abrams, the overwhelming majority of Open Standard's equity will be distributed over time to partners based on how much they help grow the stablecoin.#Tether#Circle#OpenUSD#Stablecoin#DeFi