Open USD is lying about its 149 partnerships, report

Protos Editorial

(06:00 PM UTC)

1 min read

Stablecoin newcomer Open USD (OUSD), hasn’t actually inked a deal with 149 companies, despite what it claimed when it launched this week.

OUSD was created by Open Standard, which claimed earlier this week that a consortium of firms had “signed up” to use it.

The firm’s CEO, Zach Abrams, said, “We’re thrilled to bring together over 140 businesses to launch Open USD. It’s a…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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