Origin Debuts OUSD, a Stablecoin That Works Like a Savings Account
Origin is announcing Origin Dollars, or OUSD, a stablecoin whose reserves leverage decentralized finance (DeFi) so that balances grow wherever it resides.
PayPal gets conditional N.Y. state license for crypto. Bitcoin prices shoot past $12K. Dollar stablecoin USDC grabs market share from tether.
USDC and DAI seem to have found their niche as the preferred stablecoins in decentralized trades.
USDC moves to Solana – its fourth blockchain – one week after also landing on Stellar.
The addition of the dollar-backed USDC stablecoin seeks to bolster Stellar’s standing as a cross-border payments network.
CEO Steve Ehrlich says this quarter's revenue is on track to double what the company produced in all of its last fiscal year.