Open USD is not live yet, but its model already matters. In his latest research, Luke Nolan (@eazygambit), Senior Research Associate at CoinShares, looks at how @openstandard’s OUSD could challenge stablecoin economics by sharing reserve income with distribution partners. As he writes: “With direct yield pretty much off the table, OUSD has chosen to fight on distribution instead.” Read the full research: https://coinshares.com/insights/research-data/what-is-open-usd-and-what-does-it-mean-for-stablecoins/?utm_source=twitter&utm_medium=social&utm_campaign=Research-data_NA_15072026&utm_content=carousel_NA_open-usd-distribution-economics(CoinShares)