OPNX will soon announce its first Launchpad project and is also set to launch a credit stablecoin called oUSD.

BlockBeats News, June 24th. According to official sources, Open Exchange (OPNX), a cryptocurrency claims trading platform, announced that it will soon launch its first Launchpad project. OX stakers will have the opportunity to obtain Launchpad project tokens. In addition, OPNX will also launch a credit stablecoin called oUSD, which will solve the trust, bankruptcy, and collateral issues in cryptocurrency lending and trading. It can be used as margin and profit/loss currency in all OPNX futures contracts. Users can purchase unlimited oUSD at a 1:1 ratio with USDT from the protocol and trade futures with non-stablecoin collateral. Profitable traders can cash out by selling oUSD on the oUSDT/USDT market or exchanging it from the protocol, while losing traders can repay negative oUSD balances by buying oUSD on the oUSDT/USDT market or from the protocol. 100% of the USDT controlled by oUSD will be available for a 1:1 oUSD:USDT exchange.