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Open USD partner list questioned as some firms deny formal agreement to join consortium

Market News
03 Jul 2026
AMBCrypto
View Source
Bearish
pluang ai news

Open USD's launch partner list is under scrutiny after Korean media reported that companies like Samsung Electronics, Dunamu, Shinhan Financial Group, and K Bank had not formally agreed to participate. These firms stated they were only considering involvement and were unaware of their listing in Open USD's materials. This raises concerns about how Open Standard presented its 140-company consortium, which was key to positioning Open USD as a collaborative stablecoin alternative. Neither Open Standard nor the companies have issued official statements yet.

More News

Court urged to halt NYC's unconstitutional rideshare tracking violating Fourth Amendment

Court urged to halt NYC's unconstitutional rideshare tracking violating Fourth Amendment

New Civil Liberties Alliance (NCLA) challenges New York City's Location Reporting Rules that require rideshare companies like Wheely USA and Uber to provide detailed location data of drivers and passengers without warrants. The U.S. District Court di...

Market News
Bearish
1 hour ago
U.S. Bitcoin ATM network shrinks 27.7% in H1 2026, driving nearly all global losses

U.S. Bitcoin ATM network shrinks 27.7% in H1 2026, driving nearly all global losses

The global Bitcoin ATM network declined by 27.7% in the first half of 2026, dropping from 39,158 to 28,322 machines. This loss of 10,836 ATMs was overwhelmingly driven by the United States, which saw its network shrink by 10,380 machines, accounting ...

Market News
Bearish
1 hour ago
ZEN.COM launches Mastercard Click to Pay for faster, secure one-click online checkout across 33 markets.

ZEN.COM launches Mastercard Click to Pay for faster, secure one-click online checkout across 33 markets.

ZEN.COM has introduced Mastercard Click to Pay on its platform, enabling tokenised one-click checkout for its 1.5 million users across 33 markets including the EEA, UK, and Singapore. This feature allows consumers to complete online purchases without...

Others
Bullish
1 hour ago
Christian Dior reports total shares and voting rights as of June 30, 2026.

Christian Dior reports total shares and voting rights as of June 30, 2026.

Christian Dior SE disclosed its monthly update on the total number of shares and voting rights composing its share capital as of June 30, 2026. The company reported 180,507,516 total shares and a gross total of 356,945,619 voting rights, with a net t...

Company Fundamentals
Neutral
2 hours ago
Over 50 companies develop 55+ drugs for diabetic retinopathy, focusing on novel therapies like Tarcocimab and THN391.

Over 50 companies develop 55+ drugs for diabetic retinopathy, focusing on novel therapies like Tarcocimab and THN391.

The "Diabetic Retinopathy - Pipeline Insight, 2026" report reveals that more than 50 companies are developing over 55 drugs targeting diabetic retinopathy, a leading cause of vision loss in diabetics. Key drugs in late-stage development include Tarco...

Others
Bullish
2 hours ago
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