Svmuu News: Open Standard, the consortium behind Open USD, has been accused of listing companies such as Samsung Electronics as supporters of the OUSD stablecoin project without their consent.
Tony Chung, Head of Business Development at Blockmedia, stated that Samsung Electronics said no formal discussions had taken place and that it was unclear what role the company would play in the project;
Shinhan, Dunamu, and K Bank said Open Standard had inquired about their interest in participating, to which they merely replied that they would “consider” it, only to later discover their names had already been listed as consortium members. Gabor Gurbacs, an advisor at
Tether, said some of the listed partners claimed they had never signed or agreed to anything. Jeremy Allaire, co-founder and CEO of
Circle, posted that “integrity matters.”OUSD is expected to launch later this year. (Bitcoin.com News).