OpenUSD limits management fees to 1 cent for payments of $1,000 or more
Original headline오픈USD, 1000달러 이상 결제 관리비 1센트로 제한
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Open Standard, the governance body behind the dollar-pegged stablecoin OpenUSD (OUSD), has capped payment management fees at $0.01 per transaction for payments of $1,000 or more, according to CoinDesk. Below that threshold, a fee of 0.1 basis points (0.001%) of the payment amount applies, which reaches the $0.01 cap at $1,000. Reserve income from the stablecoin is distributed to participating firms after management fees are deducted. The move matters because it gives OUSD a fixed, predictable cost structure for large payments, positioning it against stablecoin incumbents such as Tether (USDT) that charge on a different basis. What to watch next is whether the capped fee schedule draws payment volume and partners to OUSD, and how competing issuers respond.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
OpenUSD, Open Standard, CoinDesk, Tether