2d ago
Open Standard’s OpenUSD stablecoin draws backing from 140+ firms including Visa, BlackRock and Coinbase
Open USD (OUSD) is being launched with support from more than 140 companies, with a model that includes zero-fee minting and redemption, shared governance, and reserve-yield sharing. The stablecoin is being developed by Open Standard and is expected to go live later this year. Ahead of launch, the project says partners will receive earnings from reserves after a small management fee.
USDC
USDC+0.00%
2d ago
6-22
XRP selling pressure on Binance eases as whale transfers fall, but McGinley Dynamic remains a hurdle
Large XRP holders have cut transfers to Binance, a key venue for the token’s liquidity, suggesting selling pressure may be easing. Data shows both Whale Flow and Whale Transactions at 417, indicating whales are not moving sizable amounts to the exchange. Even so, analysts say XRP needs to move back above the McGinley Dynamic—around $1.15 to $1.16—to underpin a stronger recovery, according to CryptoQuant.
XRP
XRP+2.32%
6-22