Stablecoins & Payments Unverified First seen 2026-09-30 15:34 UTC

Open USD stablecoin to distribute equity to growth partners

Open Standard CEO Zach Abrams said the "overwhelming majority" of Open Standard's equity will be distributed over time to partners based on how much they help grow the Open USD stablecoin.

Why “Unverified”

Reported by CoinDesk alone, with no second source or primary confirmation yet

1 independent source groups across 1 posts · evidence score 60/100. How labels work

What the sources claim

Open Standard's equity will mostly be distributed over time to partners based on how much they help grow the stablecoin, according to CEO Zach Abrams.

“The “overwhelming majority” of Open Standard’s equity will be distributed over time to partners based on how much they help grow the stablecoin, CEO Zach Abrams said.”
CoinDesk

Sources

CoinDesk newswire 2026-09-30 15:34 UTC
Open USD takes on Tether, Circle with a different stablecoin model that's 'building money'

Summary and claims extracted by deepseek/deepseek-flash with prompt analyze-story@3 on 2026-09-30 15:40 UTC. Labels are computed from the sources, not by the model.