Hedera (HBAR)

🌐 Open USD Launches: A Next-Generation Stablecoin Backed by 140+ Global Companies

@openstandard's Open USD has officially launched as an open stablecoin designed for global payments and the internet economy.

⚙️ Built on three core principles:
•🚀 Free minting & redemption with no volume limits
•💰 Shared reserve earnings for partners
•🤝 Open governance through the independent Open Standard

🌍 The initiative is backed by 140+ organizations, including:
•Payments: Visa, Mastercard, Stripe, American Express
•Banks: BlackRock, Standard Chartered, DBS, Shinhan Financial Group
•Tech: Google, Samsung Electronics, IBM, Shopify
•Web3: Coinbase, Ripple, Solana, Stellar, Polygon, Aptos, OKX, Bybit, https://t.co/8vPyNFXD7w

📈 Open USD aims to address key stablecoin challenges, including high mint/redeem costs, issuer‑controlled reserve income, and centralized governance.

🧠 By combining open governance, shared economics, and enterprise‑scale infrastructure, Open USD seeks to build a more open digital dollar network

A quick and important update for the HedraFi community.

Pioneer Council badge minting begins tomorrow, Wednesday July 1st.

The HedraFi Marketplace will now launch Monday July 6th.

We are sorry for any inconvenience this shift may cause, and we want to explain exactly why we made this decision.

215 Pioneer Council members deserve a minting process that receives our full attention, not one rushed alongside a marketplace launch happening simultaneously. The marketplace also deserves a few more days of polish before it goes live for everyone.

We would rather take five extra days and get both of these right than rush either one.

Pioneer Council minting starts tomorrow. The marketplace opens July 6th.

We appreciate you trusting us to take the time this deserves.

#HedraFi #Hedera #HBAR #NFT #Web3 #Crypto

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