July 1, 2026·Bullish·institutional
OUSD Gains Backing from 140 Major Financial Firms
OUSD, a stablecoin, has secured backing from 140 prominent financial institutions, positioning itself as a competitor to Circle. Unlike traditional stablecoins, OUSD passes reserve earnings directly to the businesses that use it. This could challenge legacy stablecoin issuers by providing a more profitable alternative for corporate users.
Detected & updated continuously · Source: Nebula
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