Former employees of JPMorgan, Intel and TrustToken have launched a new USD-backed stablecoin with a revenue-sharing model twist. Dubbed USD Digital (USDD), the stablecoin has been launched by Global Currency Organization (GCO), which plans to share its revenues with participating exchanges, wallet providers and over-the-counter or OTC desks.The post Former JPMorgan, Intel staff launch USD-backed stablecoin with a twist appeared first on The Block.
