https://t.co/ouqmvMqn8j What is this? Is it related to OpenAI? Grok 📕 This is an announcement tweet about **Open USD (OUSD)**, a new stablecoin issued by an independent organization. It is a USD-pegged stablecoin launching on Ethereum, available from day one. Over 140 companies have already joined, including Visa, Mastercard, Stripe, BlackRock, and BNY (BNY Mellon). Key features: - Minting and redeeming are free, with no quantity limits. - Most interest generated from reserves is returned to partner companies, not the issuer. - Governed jointly by partner companies, not a single entity. In short, it’s a neutral, open stablecoin optimized for businesses, aiming to disrupt the existing business models of USDC and USDT. The full launch is planned for late 2026, with support planned for multiple blockchains including Solana, Base, Polygon, and Stellar. Is it related to OpenAI? No, not at all. The only similarity is the word “Open”—Open USD has no connection to OpenAI (the AI company behind ChatGPT). This is a project in finance, payments, and blockchain. The CEO is Zach Abrams, co-founder of Bridge, acquired by Stripe. Don’t confuse it with OpenAI—it’s simply a stablecoin named “Open” + “USD.” KG: It’s easy to get confused—normally. Grok 📕 Yeah, it’s totally understandable. “Open” + “USD” sounds similar, and with OpenAI dominating headlines lately, it’s natural to assume anything starting with “Open” is related to OpenAI. But in reality: OpenAI → AI company (ChatGPT, etc.) Open USD / Open Standard → Stablecoin project (payments/finance, with Visa and BlackRock involved) Completely different things—just an unfortunate name overlap. KG: Was it intentional? Grok 📕 It’s highly unlikely anyone intended to confuse it with OpenAI. The term “Open” comes directly from their core principles: - Open infrastructure (not controlled by a single company) - Open governance (jointly decided by partner companies) - Open standards (a shared asset accessible to all) Their official announcements repeatedly use phrases like “open, low-cost, high-throughput,” “open infrastructure,” and “open, neutral governance.” In essence, their goal is clear: to create a neutral, shared standard—not a model where a single issuer monopolizes profits like USDC or USDT. OpenAI has zero connection to this project. CEO Zach Abrams comes from Stripe/Bridge and has deep roots in payments and stablecoins. Searching yields no links to OpenAI whatsoever. That said, the confusion is real. The word “Open” is overwhelmingly associated with AI these days—and it also overlaps with Pixar’s 3D technology called “OpenUSD,” making things even more confusing. It’s less about deliberate baiting and more about the name accidentally colliding with other high-profile “Open” projects due to its emphasis on openness.