Samsung, Visa, Google shocked by OUSD alliance list: says "We never joined" (V:NYSE)

Samsung, Visa, Google shocked by OUSD alliance list: says "We never joined" (V:NYSE)

New OUSD stablecoin launch sparks confusion as Korean firms deny formal consortium ties.

Global giants like Samsung and Visa named in Open USD launch! What’s behind the controversy?

🚨 Samsung, Visa, and more appeared in the Open USD consortium—but not all confirmed involvement. 💡 Some Korean companies say their names were used without consent and only saw them in the press. 🟢 Open USD aims for a shared revenue model among participants, setting it apart from $USDT and USDC. Cont...

Open USD Alliance Faces Pushback From South Korean Firms

Several South Korean firms have denied formal participation in the Open USD stablecoin consortium, raising questions over the accuracy of its reported member list. Companies including Samsung Electronics and Dunamu said they had not held official agreements, highlighting uncertainty around the project’s structure and the status of its claimed global partners.

Samsung and Dunamu Named in OUSD Stablecoin Consortium Without Their Knowledge

What happened Nobody asked them. That’s the core of it. Samsung and Dunamu — two of South Korea’s most recognizable… Read the original on Samsung and Dunamu Named in OUSD Stablecoin Consortium Without Their Knowledge. For more crypto news and analysis, visit TheCurrencyAnalytics.com.

Samsung, Shinhan, and Dunamu Reject Claims of Joining OUSD Stablecoin Alliance

TL;DR: Samsung Electronics, Shinhan Financial Group and Dunamu rejected claims that they formally joined the OUSD stablecoin alliance after appearing in Open Standard materials. Shinhan, Dunamu and K Bank said they only agreed to review the proposal, while Samsung said there had been no official consultations. OUSD’s model promises fee-free minting, redemptions and shared reserve income, making verified partner consent commercially central befo…