Crypto

Stablecoin governance group behind OUSD sets out management fee, offers equity earning pool

Summary

The organization responsible for the OUSD stablecoin has introduced a new management fee based on payment volume alongside an equity earning pool. Open Standard will apply this charge at a rate of 0.1 basis points, with the individual cost per payment limited to one cent.

Governance group Open Standard will charge a 0.1 basis point management fee on payment volume, capped at at $0.01 per payment.

Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

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