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Open Standard Receives Over $1 Billion in Investment, Zach Abrams Takes on the Role of CEO
2026-09-25 09:05:42
According to CoinMeta, Open Standard announced that it has received over $1 billion in investment. Coinbase, Mastercard, Shopify, Stripe, and Visa participated as initial founding partners in the investment and provided initial liquidity for its stablecoin Open USD. Open USD is mainly targeted at banking, cross-border payments, settlement, and institutional trading scenarios, while Zach Abrams was appointed as the CEO of Open Standard.
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Source：Internet
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