DeFi· ★★★· neutral·

Hecto Financial joins Open Standard alliance backing stablecoin OUSD

  • —Hecto Financial joined Open Standard as a network partner
  • —The alliance includes more than 160 firms such as Visa, Mastercard, Stripe and Coinbase
  • —OUSD launched on September 30 across Base, Ethereum, Solana and Tempo
  • —Partners pay no fees for OUSD issuance or redemption
Why it matters: The expansion of the OUSD alliance intensifies competition among stablecoins for corporate payments and cross-border settlement.
#OUSD
Source: Digital Today
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