CoinMeta data: Open USD has been launched on four blockchains and has received a liquidity commitment of over $1 billion from five founding partners. According to CEO Zach Abrams, this stablecoin model links the company's rewards and ownership to token supply and usage. Abrams also stated that partners will support liquidity through activities suitable for their businesses and plan to distribute most of the company's equity over the next few years. The stablecoin market entered by Open USD is worth over $300 billion, with USDT of Tether accounting for approximately $143 billion, and USDC of Circle accounting for about $74 billion.