Samsung, Dunamu deny formal agreement to join OUSD stablecoin consortium
Several major South Korean companies, including Samsung Electronics and Dunamu, have stated they were listed as consortium members of the proposed OUSD dollar-pegged stablecoin without formal consultation or agreement. Samsung said it had no official discussions and learned of its inclusion through news reports. Other firms like Shinhan Financial Group and Kbank acknowledged inquiries from Open Standard about participation but had only responded with preliminary interest. The report highlights a lack of formal coordination in the stablecoin consortium formation.
Key quotes
A Samsung Electronics official told local media outlet Chosun Biz on Friday that there were no official consultations and that the company does not know what role it would play.
Shinhan Financial Group, Dunamu, and Kbank said Open Standard had inquired about their willingness to participate, and they responded on
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