Open Standard's Open USD aims to let partners keep reserve income and eliminate minting fees, challenging Circle's USDC. Circle shares fell as much as 8% after a consortium of more than 140 companies unveiled Open USD. Stripe, Coinbase, Mastercard, Visa and BlackRock are among the project's launch partners. The new stablecoin will let partners retain reserve earnings, striking at one of the key economics of today's stablecoin issuers. Circle (CRCL) shares were lower by 8% in…
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