Cointelegraph·
Upbit said it only expressed interest in potentially joining the OpenStandard ecosystem in the future, as several South Korean firms distanced themselves from the OUSD initiative.
Read full articleSamsung has distanced itself from the founding consortium behind the proposed OUSD stablecoin after being named among more than 140 partners announced for the project. According to a report by Chosun, several South Korean companies listed as founding members of…
The withdrawal of key players like Upbit and Samsung raises doubts about OUSD's partner claims, potentially impacting stablecoin market dynamics. The post Upbit joins Samsung in declining participation in Open USD issuance appeared first on Crypto Briefing.
The denial by major firms highlights potential challenges in securing credible partnerships, impacting the perceived stability and trust in OUSD. The post Samsung, Shinhan, Dunamu deny joining OUSD stablecoin alliance: Report appeared first on Crypto Briefing.
Several major South Korean companies have said they were listed as members of the Open USD (OUSD) stablecoin alliance despite not formally agreeing to participate. According to a report by Chosun Biz, several Korean companies named as participants in the…
Upbit, South Korea’s largest cryptocurrency exchange platform, announced the listing of Metaplex (MPLX) and Nexus (NEX). MPLX will be available to trade with BTC and USDT trading pairs on the Solana blockchain platform. NEX will be listed in the USDT market on the Ethereum network. Deposits and withdrawals will start
Upbit's listing of MPLX and NEX could amplify trading volumes and price volatility, impacting global crypto markets and investor strategies. The post Upbit lists Metaplex and Nexus tokens for trading appeared first on Crypto Briefing.
The launch of the Ripple-backed Open USD (OUSD) stablecoin has been overshadowed by a suspected fake issuer account that XRP Ledger validators have warned users not to trust. Validators say the listed OUSD issuer cannot be verified According to XRP…
OUSD's powerful backers and partner-driven incentives have fueled concerns that Circle faces one of its biggest competitive challenges to date.
