ARK Invest’s Lorenzo Valente said OUSD faces a liquidity cold start and questioned whether its large consortium can turn partner support into real adoption.

Open Standard's Open USD aims to let partners keep reserve income and eliminate minting fees, challenging Circle's USDC.

Visa, Mastercard, Stripe, Coinbase, and 140+ firms have launched Open USD (OUSD), a new yield-sharing stablecoin that aims to challenge Circle and reshape the economics of the…