Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

Samsung, Shinhan, Dunamu deny formal ties to new OUSD stablecoin alliance

Market News
03 Jul 2026
Crypto Briefing
View Source
Neutral
pluang ai news

Several major South Korean companies, including Samsung Electronics, Shinhan Financial Group, and Dunamu, have denied formally joining the Open USD (OUSD) stablecoin consortium. Although these firms were listed as participants by Open Standard, they clarified they only engaged in preliminary discussions or expressed willingness to review the proposal, without signing any agreements. The OUSD stablecoin project, backed by global financial giants, aims to launch later this year with a fee-free minting and redemption model. The clarifications highlight caution among South Korean firms regarding stablecoin partnerships amid growing interest in digital currencies.

More News

Flexible Solutions gains exclusive rights to key agricultural products in Americas after equity trade.

Flexible Solutions gains exclusive rights to key agricultural products in Americas after equity trade.

Flexible Solutions International has traded its remaining 19.9% equity in FL LLC to secure exclusive rights to manufacture and sell four agricultural products across Central and South America, the Caribbean, and south of the Mexico-US border. This fo...

Company Fundamentals
Bullish
48 minutes ago
AI in Pathology market to nearly double by 2035 despite US-Israel-Iran conflict disruptions

AI in Pathology market to nearly double by 2035 despite US-Israel-Iran conflict disruptions

The global AI in Pathology market, valued at $28.75 million in 2025, is projected to grow at a 9.12% CAGR to reach $68.81 million by 2035. Growth is driven by rising demand for digital pathology, AI diagnostics, and improved workflow efficiency throu...

Market News
Neutral
1 hour ago
AI data centers drive major infrastructure shifts with hyperscalers and sovereign initiatives leading growth.

AI data centers drive major infrastructure shifts with hyperscalers and sovereign initiatives leading growth.

The global AI data center market is rapidly expanding due to the rise of generative AI and advanced cognitive analytics, requiring purpose-built, high-density facilities with advanced cooling and networking technologies. Hyperscalers like Microsoft, ...

Market News
Bullish
1 hour ago
SKYRIZI sales hit $11.7B in 2024 with 51% growth, expanding across multiple disease indications.

SKYRIZI sales hit $11.7B in 2024 with 51% growth, expanding across multiple disease indications.

SKYRIZI achieved blockbuster sales of $11.7 billion in 2024, growing 51% year-over-year, driven by approvals in psoriasis, psoriatic arthritis, and inflammatory bowel diseases like Crohn's. Its strong clinical efficacy targeting the IL-23 pathway and...

Market News
Bullish
1 hour ago
Photodynamic therapy market to grow at 8.3% CAGR, reaching $1.53B by 2035 driven by cancer and dermatology uses.

Photodynamic therapy market to grow at 8.3% CAGR, reaching $1.53B by 2035 driven by cancer and dermatology uses.

The global photodynamic therapy (PDT) market is forecasted to grow from $749 million in 2023 to $1.53 billion by 2035, at a CAGR of 8.3%. Growth is fueled by PDT's minimally invasive nature and expanding applications in oncology, dermatology, and ant...

Market News
Bullish
1 hour ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App