Stablecoin Open USD will be deployed on the Ethereum network on its first day of launch

2026-07-31 10:03:54

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The Ethereum-based nonprofit organization Ethereum Institutional stated on the X platform that the stablecoin Open USD will be deployed on the Ethereum network on its launch day.

The project has received support from over 140 institutions, including Visa, Mastercard, Stripe, BlackRock, and Bank of New York Mellon, and all reserve earnings will go to partners that drive its growth.

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