🎬 From Libra to Open Standard’s OUSD: What Facebook's Failed Stablecoin Teaches Us
CoinDesk's The Policy Protocol hosts Rebecca Rettig and Renato Mariotti open with two hot topics: the SEC's request for public comment on "novel" ETFs and the launch of Open USD, a new stablecoin protocol backed by Coinbase, major banks, Visa, and Mastercard. Christian Catalini, Founder of the MIT Cryptoeconomics Lab and co-creator of Facebook’s Diem/Libram project, joins to argue that the alliance's real test will be in governance. Plus, Rebecca and Renato close by naming their Person of the W...
➤ CoinDesk's Policy Protocol discusses the SEC's request for comments on novel ETFs and the launch of Open Standard, a new stablecoin protocol backed by major financial players.
➤ Expert Christian Catalini, formerly of Facebook's Diem project, analyzes the governance challenges and potential antitrust implications of Open Standard, drawing parallels to Libra.
➤ The discussion also touches on the broader stablecoin market, the fungibility of money, and the ongoing legislative efforts for crypto regulatory clarity in the US.
#stablecoin #Open Standard #Coinbase #Visa #Mastercard #SEC #ETFs #Christian Catalini #Libra #Diem #governance #antitrust #RealFi #Ledn #JPEG Trading #Patrick McHenry #Clarity Act
The Compass for the Tokenized Real-World Assets
Saturday, July 4, 2026
From Libra to Open Standard’s OUSD: What Facebook's Failed Stablecoin Teaches Us
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