Open Standard sets OUSD management fee and opens equity pool for partners

The governance entity behind OpenUSD will charge 0.1 basis points per payment, capped at $0.01, and offer partners equity tied to holdings and payment flows Open Standard, the governance entity behind the OpenUSD (OUSD) stablecoin, has put a price on moving money through its network. The answer is 0.1 basis points on payment volume, capped at $0.01 per transaction. It is also offering something most stablecoin issuers never have: a slice of the company. Partners can earn equity based on their OUSD holdings and payment flows, according to private documents seen by CoinDesk. How the fee and the equity pool work Start with the fee. Open Standard will take 0.1 basis points, or 0.001%, on payment transaction volume. The charge tops out at $0.01 per transaction. The math gets simple quickly. Any payment over $1,000 pays the full one-cent cap, while smaller payments pay in proportion to their size. That fee is how revenue reaches Open Standard. The yield earned on OUSD reserves then gets passed along to partners, minus the management fee. That structure is the real headline. Tether and Circle, the issuers behind USDT and USDC, primarily keep the interest income from their reserves for the...