Introducing Open USD

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"Open USD announced a new stablecoin for global money movement. Stablecoins are being rapidly adopted for their speed, cost, and programmability. At the same time, businesses face hurdles: fees to mint and redeem most stablecoins are prohibitively expensive at larger volumes; companies aren’t always able to benefit from the revenues earned on the underlying reserves; and developers have little recourse if the roadmaps of third-party issuers do not meet their needs. Open USD introduces three key design principles..."