OUSD: 140 Firms Launch Stablecoin Consortium
OUSD consortium of 140 firms targets stablecoin market with new token distinct from USDT and USDC amid Bitcoin ecosystem growth.
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Over 140 firms formed a consortium to launch OUSD stablecoin, prompting questions on differentiation from USDT or USDC and long-term survival. Henri Arslanian addressed these points in his latest newsletter while the Bitcoin stablecoin market expands. This stablecoin consortium launch highlights fresh competition, with OUSD vs USDT comparison centering on governance structure and the crypto stablecoin survival odds depending on regulatory alignment.
Henri Arslanian
@HenriArslanianCo-Founder, Nine Blocks - Crypto Hedge Fund - ex-PwC Crypto Leader - Author “The Book of Crypto”, Host of Crypto Capsule™ and Future of Money Podcast/Newsletter
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