Open USD with the backing of Visa, Mastercard and many banks from the USA. With the foundation backed in for the peg to the dollar. You would find them being adopted lot quicker than any private entities. 

Soon it is about to compete with the USDC and the USDT. Now they have launched their tokens on the Solana blockchain. The mint would be 1:1 with the token by merchants.

How would that change for us? There is a high chance that the banks and the companies and soon merchant would choose this token as there is a foundation to take accountability and there is going to be collective effort to keep it stable. 

So Circle and tether are going to have hard time in near future. You can read more about it here for news.