Samsung Electronics, Dunamu, and several other South Korean firms listed as consortium members for the proposed dollar-pegged stablecoin OUSD said they had no formal agreement to participate, while one company said it only learned it had been included after seeing local news reports.
A Samsung Electronics official told local media outlet Chosun Biz on Friday that there were no official consultations and that the company does not know what role it would play.
Shinhan Financial Group, Dunamu, and Kbank said Open Standard had inquired about their willingness to participate, and they responded only that they would review the matter. Their names later appeared as consortium members.
Meanwhile, an official at one unnamed corporation said the firm was "perplexed" to be listed after giving only a casual response that it would "consider it if things go well," according to Chosun.
Open Standard announced the consortium earlier this week, saying OUSD would launch within the year.
