TLDR Tech / Fintech
The coin nobody owns
Simon Taylor argues that OpenUSD is not trying to beat Circle or Tether on existing stablecoin volume, but to unlock the institutional and payments flows that have stayed offchain because of issuer concentration, mint/burn fees, reserve economics, and lack of neutral governance. The piece frames OpenUSD as shared financial infrastructure backed by 140 companies, designed to make stablecoins usable for acquiring settlement, cross-border institutional payments, and capital markets cash settlement where neutrality, interoperability, and velocity matter more than issuer float economics.
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