OUSD
Coverage of OUSD in the Nexus archive.
- Exclusive: Visa launches new platform to provide stablecoin services to more than 200 million merchants
Visa launched the Visa Stablecoin Platform to enable banks and fintechs to integrate stablecoins into existing payment workflows, targeting 200 million merchants. The platform supports OUSD from Open Standard and complements existing stablecoins like USDC and USDG, with competitors like Mastercard and American Express also partnering with Open Standard.
- Ark Invest scoops up $18 million in Circle shares as stock dips 41% over past month
Ark Invest purchased $18 million in Circle shares as the company's stock declined 41% over the past month. Circle's stock dropped 1% following an 18% decline on Tuesday after the launch of the competing stablecoin project OUSD.
- Bernstein sees 203% upside for Circle even as new stablecoin rival OUSD debuts
Bernstein reaffirmed an Outperform rating on Circle with a $190 target despite the launch of new stablecoin rival OUSD, which caused CRCL stock to drop over 17%. The analysis highlights a 203% upside potential for Circle amid competition from OUSD.
- Circle CEO touts USDC's network advantage as OUSD emerges
Circle CEO highlights USDC's network advantage as OUSD emerges as a potential challenger to the Circle-Tether duopoly. Bernstein notes unresolved governance, operational, and revenue-sharing issues for OUSD.