The Open Standard Consortium launched the Open USD (OUSD) token on June 30, 2026, promising zero minting or burning fees and distributing reserve earnings to partners minus a management fee

From the articleCircle defends USDC model, reveals just 7 cents profit per dollarAlso in USDC processed $36 trillion in H1 transactions, but Circle kept just 7 cents of every revenue dollar, Circle defends USDC economics as OUSD courts its partners - Cryptopolitan, Circle defends USDC economics as stablecoin rivals court its partners with bigger cut