Open USD and the Questions 140 Logos Don’t Answer

On June 30, an independent company called Open Standard launched a dollar stablecoin, Open USD, and 140 of the biggest names in money signed on . Circle’s stock fell as much as 17% the same day, which tells you the market read this as more than a press release. I read the launch and thought about Juliet, on the balcony, saying two things to Romeo that echo in my head.