Upbit Says It Isn’t Participating in Open USD Issuance

Cointelegraph Staff

(01:19 PM UTC)

1 min read

South Korean crypto exchange Upbit said it is not participating in the issuance of Open USD, after its operator Dunamu was named among more than 140 businesses involved in the new stablecoin initiative.

“Upbit has only indicated our potential willingness to consider taking part in the future expansion of the OpenStandard ecosystem,” an Upbit spokesperson told Cointelegraph.

The…

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