[Stablecoin Open USD to Launch on Ethereum Network on Its First Day] The Ethereum ecosystem nonprofit organization, Ethereum Institutional, announced on the X platform that the stablecoin Open USD will be deployed on the Ethereum network on its first day of launch. The project has received support from over 140 institutions, including Visa, Mastercard, Stripe, BlackRock, and BNY Mellon. All reserve earnings will be directed to partners driving its growth.