OUSD Claims 140+ Enterprise Partners; South Korean Firms Deny Formal Negotiations

According to BlockBeats, Open Standard announced the launch of stablecoin Open USD (OUSD) on July 3, claiming participation from 140+ global financial and payment firms including Visa, Mastercard, BlackRock, and Samsung Electronics, with planned launch within the year.

However, multiple South Korean companies stated they had no formal negotiations with OUSD's issuer. Samsung Electronics said it had "no formal discussions and is unaware of its role in the alliance." Shinhan Financial Group, Dunamu, and K Bank similarly stated that Open Standard only inquired about participation interest; after companies gave non-committal responses, their names were added to the member list without formal agreement.