Open USD Korean partners deny formal role in the alliance
Jul 3, 2026
< 1 min read
by Ibiam Wayas
for CryptoPolitan

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AI Overview
Open USD, announced June 30 with a partner list of 140+ firms including Visa, Stripe, Mastercard, American Express, BlackRock and Coinbase, listed 13 South Korean companies among its partners. Several of those Korean firms have publicly denied any formal role, creating confusion that could undermine perceived backing and pose short-term risks to adoption, fundraising and partner-driven token rollouts in the crypto ecosystem.
Bearish
Several South Korean companies listed among the partners in Open USD have come out to deny a formal role in the alliance. Open USD was announced on June 30th, listing 140-plus partners, including financial heavyweights such as Visa, Stripe, Mastercard, American Express, BlackRock, and Coinbase, among others. Thirteen Korean firms appeared on the list, including...


