Jon: Leaving Hyperlane, joining Open Standard to be responsible for the market

The cross-chain interoperability protocol Hyperlane's personnel Jon (X account @nosleepjon) announced that after working at Hyperlane for 4 years and publishing thousands of tweets, he will be leaving the project. He expressed that he will miss his teammates and feels proud of the work they accomplished together.

Jon: He will join Open Standard to be responsible for marketing, promoting its stablecoin to more users. Open Standard issues the US dollar stablecoin Open USD (OUSD), with founding partners including Coinbase, Mastercard, Shopify, Stripe, and Visa, and the CEO is Zach Abrams. Jon stated that he has long believed that stablecoins are the most useful products to emerge in the crypto industry, but he is disappointed with the current situation where a few issuers retain all economic arrangements.

Jon also mentioned that last year, Hyperliquid's issuance process around the native stablecoin USDH indicated that there is a demand in the market for a new stablecoin that can share profits and upside rights with partners driving actual use cases, and can fulfill crypto commitments globally. He stated that companies building or considering using stablecoins can contact Open Standard, which is currently also hiring.