Mystery Over
@openstandard: Korean Giants Express Bewilderment After Inclusion in Stablecoin Alliance
While the newly unveiled global stablecoin alliance "Open Standard" has generated massive buzz by announcing its upcoming dollar-pegged stablecoin, $OUSD, mystery shrouds its member list as several major South Korean conglomerates deny active participation. Despite Open Standard claiming backing from 140+ global giants alongside top Korean firms like
@Samsung, Dunamu (operator of
@Official_Upbit), and Shinhan Financial Group, multiple local entities have clarified they never had formal discussions or commitments, expressing bewilderment over their surprise inclusion. OUSD aims to challenge the dominant
@tether and
@circle duopoly through an open infrastructure model that distributes reserve yield back to its network partners, but growing skepticism over its actual corporate partnerships could overshadow its ambitious launch.