Open Standard sets OpenUSD 0.1 bp fee, equity pool

The stablecoin governance group Open Standard has announced a 0.1 basis point management fee on payment volume for OpenUSD, capped at $0.01 per payment. Open Standard, backed by founding partners including Stripe, Visa, Mastercard, Coinbase, and Shopify, is also offering partners a chance to earn equity in the project based on OUSD holdings and flows. Additionally, Visa released technical implementation and user guidance for partner firms integrating the stablecoin. Open article →