Open Standard pitches OUSD stablecoin with 140+ backers and shared reserve earnings
The fee-free, no-limits minting model landed as Circle shares fell over 16% to $63.63 the same day.
The fee-free, no-limits minting model landed as Circle shares fell over 16% to $63.63 the same day.
Regulatory clarity, not integration, was the top confidence driver as 88% signaled likely use within 12 months.
Yield routes through Veda into Aave and Morpho, while card spending is described as Monad-only and UK/EU users are excluded.
The bank’s custody clients can convert USD to USDC and redeem USDC back to dollars through BNY, with USDC first on the platform.
ESMA is pushing unlicensed providers to wind down, while exchanges roll out incentives to capture migrating users.
The Lightning-routed flow converts BTC via liquidity providers and delivers stablecoins to the recipient’s chain without the sender holding them.
Alex Thorn pointed to no unified Senate text, no floor schedule, and a narrowing pre-recess window.
The 2026 annual report also argues Bitcoin and Ethereum are structurally unfit for systemic finance rails.
The consultation lands as Binance plans EU service restrictions and DefiLlama shows multi-day net outflows after its Greece withdrawal.
Co-founder Michael Anderson framed stablecoins as onchain capital for asset-backed lending against real-world collateral.
The nonbinding resolution lands days after MiCA’s July 1 CASP authorization deadline and asks the Commission to assess lending, NFTs, and DeFi.
The acquisition is targeted to close around October and is contingent on regulatory clearance.
The reported service could launch as early as 2027 and aims to bypass banking-hour delays via instant stablecoin settlement.
The cohort covers roughly $25B in combined assets as NCUA advances a licensing regime for stablecoin issuers via CU subsidiaries.
The measure also carves out permissionless, private dollar stablecoins and awaits an expected Wednesday signature.
The Europe–South Korea initiative is framed as an evaluation effort with no production timeline or live network announced.
His Point Zero Forum remarks contrast with a BIS Annual Economic Report 2026 preview flagging stability and sovereignty risks.
The firm says final authorization would enable EEA-wide passporting and pair with its Luxembourg EMI license for payments and stablecoins.
Jeff Walton pointed to sharp intraday rebounds and unusually large volumes as evidence of liquidation-driven flow.
The product plugs into xStocks, Ondo Finance, and Anchorage Digital’s Porto to route execution across tokenized-asset venues.