Open Standard introduces partner equity rewards and OUSD payment fees
Open Standard is rolling out an equity rewards program for partners based on OUSD holdings and transaction volume, alongside a new fee structure for payments.
Open Standard is offering partners the opportunity to earn equity in the project tied to their OUSD stablecoin holdings and payment flows, according to a report from CoinDesk's Ian Allison. Under the rewards structure, partners must maintain at least $50 million in OUSD to qualify for equity allocations based on their balances and transaction activity, crypto.news reported.[2][3]
Alongside the equity incentives, Open Standard has introduced payment fees for the OUSD consortium. The project will charge 0.1 basis points per payment, with the fee capped at $0.01, crypto.news reported.[3]
Crypto Briefing reported that the new equity pool and management fees could shift market dynamics across the stablecoin sector, suggesting the incentive structure is positioned to favor large institutional participants and potentially reshape market power.[1]
Key facts
- Open Standard is offering partners equity in the project based on their OUSD holdings and transaction flows.
- Partners must hold at least $50 million in OUSD to qualify for the equity rewards program.
- Open Standard set payment fees at 0.1 basis points per payment, capped at $0.01.
- Crypto Briefing reported that Open Standard's equity model may favor large institutions and reshape stablecoin market dynamics.
Sources · 3 sources
- CB
Crypto BriefingArticle ·
Open Standard sets OUSD management fee and opens equity pool for partners Open Standard's model may shift stablecoin dynamics, favoring large institutions with equity incentives, potentially reshaping market power. The post Open Standard sets OUSD management fee and opens equity pool for partners appeared first on Crypto Briefing .
Open source - CO
CoinDesk@CoinDeskPost on X ·
SCOOP: Open Standard is offering partners a chance to earn equity in the project, based on OUSD holdings and flows. @IanAllison123 reports. https://t.co/HJGYSUAabP
Open source - CN
crypto.news@cryptodotnewsPost on X ·
JUST IN: OUSD consortium sets payment fees and introduces an equity rewards program for partners Open Standard will charge 0.1 basis points per payment, capped at $0.01, while partners holding at least $50M in OUSD can qualify for equity rewards based on their holdings and transaction flows.
Open source