Open Standard: Launches Enterprise Stablecoin
Open Standard stablecoin from Patrick Collison draws Visa, Mastercard and Coinbase to Ethereum scale push as history of stablecoin adoption on Ethereum by enterprises stays limited.
SourceAnalysis
Patrick Collison and partners including Visa, Mastercard, Coinbase, Cloudflare and Google launched Open Standard to drive stablecoins on Ethereum at industry scale, noting the cypherpunk vision stalls without distribution and attention.
With ETH price at $1566.69 inside the Bollinger Bands, the upper resistance at $1614.11 aligns with the EMA50 at $1612.0 while the EMA200 at $1770.36 caps longer-term upside; neutral RSI at 42.8 and MACD golden cross at -7.44 point to a measured test of lower support near $1551.13 before continuation.
Lex Sokolin | Generative Ventures
@LexSokolinPartner @Genventurecap investing in Web3+AI+Fintech 🦊 Ex Chief Economist & CMO @Consensys 📈 Serial founder sharing strategy on Fintech Blueprint 💎 Milady
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