Could USDC achieve so much when USDT was at its peak? Why can't Open USD do the same? OUSD, Open Standard: Supported by over 140 institutions, including Stripe, Coinbase, Visa, Mastercard, and BlackRock. It adopts a shared reserve yield model (zero minting/redeeming fees), directly challenging USDC's business model. Not saying it will definitely work, but thinking it won't is just being overly confident.