Open USD takes on Tether, Circle with a different stablecoin model that's 'building money'

Crypto Insight Summary: The “overwhelming majority” of Open Standard’s equity will be distributed over time to partners based on how much they help grow the stablecoin, CEO Zach Abrams said. Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Long-term (1 quarter-1 year) Reasoning: New stablecoin model may attract some market share but unlikely to disrupt major players in short term.