Open USD launching on Ethereum from day one is more than a deployment announcement. It connects a new institutional stablecoin model directly to crypto’s deepest programmable settlement layer. Open USD combines zero-cost minting and redemption with partner-led governance and shared reserve economics. More than 140 companies across payments, banking, asset management, commerce, and technology already have an economic incentive to integrate and grow the network. Ethereum gives that network neutral settlement, transparent onchain issuance, deep liquidity, and native composability with tokenized assets and financial applications. This is how stablecoins evolve from proprietary products into shared institutional infrastructure, and how Ethereum becomes the settlement layer for global onchain finance.
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