Crypto Scenario Insights

New Stablecoin OUSD Challenges Incumbents: Will Reserve Earnings Drive Capital Shifts?

What happened

Open Standard has announced Open USD (OUSD), a new US dollar-pegged stablecoin backed by over 140 companies, including Visa, Mastercard, and Coinbase.

What we think

The launch of Open USD (OUSD), backed by major financial and crypto players and offering reserve earnings to holders, is most likely to result in a gradual increase in competition within the stablecoin market (50% probab…

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New Stablecoin OUSD Challenges Incumbents: Will Reserve Earnings Drive Capital Shifts?

We explain what happened and what could follow. We do not forecast prices.

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