OUSD: New Visa and BlackRock Stablecoin – Salvation or Scam? | SforNews Investigation

7 Jul, 2026
| Salome K

OUSD STABLECOIN: A NEW ERA OF FINANCE OR AN OLD SCAM UNDER A NEW SAUCE?

MYTHMAKERS vs MYTHBUSTERS

DISCLAIMER

This material is an analytical investigation prepared by the editorial board of “Kafedra” and SforNews as part of the “Mythmakers vs Mythbusters” series. The material is based on open data, official company statements, media publications (RBC Crypto, Chosun, Telegram channels), and analytical materials. We do not claim that our interpretation is the only correct one. We do not provide investment recommendations or calls to action. All conclusions are probabilistic in nature and based on the comparison of facts available in the public domain. We invite readers to independently verify the information and are open to dialogue. If you have access to data that could supplement or correct our picture, we are ready to accept and process it.

“More than 140 companies are launching the Open USD stablecoin”

It sounds like the headline of a new era. Visa, Mastercard, BlackRock, Google, Coinbase, Samsung. All together. Free issuance. Revenue distribution. Transparency. Trust.

We, the mythbusters, have heard this before. And we know how it ends.

Myth #1: “These companies have truly united to create a new financial world”

Reality: Samsung, Dunamu, and K Bank stated that they did not conduct full-fledged negotiations. They learned about their participation from Korean media. One of the companies responded to the organizers: “We’ll see if the project works.” After that, it was included in the partner list.

This is called an “illusion of consensus.”

Myth #2: “Open USD is an innovation”

Reality: This is a copy of Ripple Labs’ 2017 strategy. They too published press releases about partnerships with major banks. Upon verification, many turned out to be either memoranda of intent or non-existent altogether.

Old tricks. New token. Same goals.

Myth #3: “This stablecoin will be independent and transparent”

Reality: The project will be managed by Open Standard. The board of directors will be formed from representatives of participating companies. Who exactly – undisclosed. Reserves – unknown.

Decentralization on paper. Control in one set of hands.

WHO IS BEHIND THIS PROJECT?

We, the mythbusters, don’t like conspiracy theories. We like facts. And the facts are these:

The list of Open USD participants is almost a complete roster of companies created with the participation of the Rothschild Foundation or its subsidiaries.

This is not a conspiracy theory. This is public information that can be verified through open registries and corporate history. The Epstein Coalition – that’s what one of our experts called this alliance. Not because Epstein is there (he’s no longer with us), but because the governance structure is the same: a closed circle, shared interests, a single goal.

The goal: to create an “independent” stablecoin that would effectively become a private digital dollar, fully controlled by a narrow circle of global elites.

WHY DO THEY NEED A THIRD STABLECOIN?

USDT (Tether) – over $100 billion.
USDC (Circle) – over $50 billion.
That’s enough. Millions use them. They work.

Why do they need Open USD?

Layer One: They want control.

USDT and USDC are owned by private companies. Tether Holdings is not part of the “club.” Circle isn’t either. They control the market, but they are not controlled by the establishment.

OUSD will belong to the alliance. The board of directors – from “their own.” Revenue from reserves – distributed among “their own.”

Layer Two: They want to create double (now triple) dollar issuance.

In our previous investigation, we showed: one real dollar backs USDT and at the same time continues to work in the traditional system. This is a multiplier.

Now OUSD will add a third layer.

One dollar → USDT → OUSD.

Three tokens on one real asset.

What does this mean? That dollar inflation accelerates. That the Fed’s control weakens. That systemic risk grows.

Layer Three: They are preparing for a regulatory shock.

MiCA in Europe has tightened requirements for stablecoins. CLARITY Act in the US – on the horizon. Old stablecoins (USDT, USDC) may not pass the new filter.

OUSD – is being built from scratch to meet new requirements. Legal. Transparent. Controllable.

Just like the digital ruble, only private.

WHY THIS IS A STORY ABOUT POWER, NOT TECHNOLOGY

OUSD is not needed by users. They don’t care whether it’s USDT, USDC, or OUSD. The fee difference doesn’t matter.

OUSD is needed by those who want to control the money supply.

The Fed is losing control over stablecoins. It cannot ban them (the market will go underground), it cannot regulate them (it’s not its jurisdiction).

Instead, it creates its own stablecoin through agents. Visa. BlackRock. Coinbase.

And this stablecoin will obey not the market, but the board of directors. And the board of directors – will obey those who appointed them.

WHO WINS?

Asset holders? No. They’ll get another token whose value depends on reserves that no one has seen.

Retail investors? No. They’ll become another cog in a system where decisions are made without their participation.

Big capital? Yes. It gets an instrument for managing global liquidity.

The Fed? Yes. It regains control over part of the money supply it lost.

Banks? Yes. They get infrastructure for settlements that doesn’t require SWIFT.

WHAT’S NEXT? THREE SCENARIOS

Scenario 1. OUSD becomes the dominant stablecoin.

The alliance pushes out USDT and USDC. The market comes under the control of the “chosen ones.” The Fed gets a lever for managing the crypto economy.

Scenario 2. OUSD collapses, like TerraUSD.

If reserves turn out to be illiquid – and we don’t know what’s there – the collapse will be catastrophic. Because behind OUSD are not startups, but systemically important companies. Their bankruptcy will hit the entire financial system.

Scenario 3. OUSD and USDT coexist in a state of “cold war.”

Two centers of issuance. Two systems. Two camps. Regulators try to reconcile them, but the conflict intensifies.

OUR POSITION: WE DON’T BELIEVE IN MIRACLES

We, the mythbusters, don’t say that OUSD is a scam. We say: this is a political project disguised as a technological one.

Technology here is not the main thing. The main thing is control.

Innovation here is not the main thing. The main thing is market redistribution.

Users here are not the main thing. The main thing is those who sit on the board of directors.

A QUESTION TO READERS

We cannot verify OUSD’s reserves. We don’t have access to Open Standard’s board of directors. We don’t know who actually controls the issuance.

But if you have information – we are ready to accept and process it. We are not afraid of difficult questions. We don’t close our eyes to inconvenient facts.

We are mythbusters.

Are you?

CONCLUSION

P.S. Ripple Labs’ old trick still works. Because people want to believe in miracles. Because a list of 140 companies looks convincing. Because “free” and “transparent” sound beautiful.

But we know: behind beautiful words there is always someone’s interest.

Whose interest – is in OUSD?

Material prepared by the editorial board of “Kafedra” and SforNews. When citing, reference to the original source is mandatory.