Open Standard launched Open USD (OUSD), a U.S. dollar stablecoin. The asset is now available to corporate clients and developers for integration into payment and financial services.
Open Standard announced the full launch of OUSD, a stablecoin designed for corporate settlements, cross-border payments, banking services, and institutional trading. The asset is available on the Base, Ethereum, Solana, and Tempo blockchain networks.
Open Standard announced plans to launch the asset in July 2026, when more than 140 companies backed the initiative. By the time OUSD launched, the project’s partner network had grown to more than 200 financial institutions, banks, FinTech companies, and multinational corporations. Open Standard’s founding members, including Coinbase, Mastercard, Shopify, Stripe, and Visa, committed more than $1 billion in initial liquidity for OUSD.
OUSD is issued by Bridge, a Stripe-owned company. The stablecoin’s reserves are held with BlackRock, Lead Bank, and BNY. Reserve attestations are expected to be published monthly.
Open Standard’s economic model distributes rewards among partners based on the amount of OUSD and the activity they generate on their platforms. Ecosystem participants will also be able to receive an ownership stake in Open Standard.
Businesses and developers can integrate OUSD through 4 channels: Coinbase, Mastercard, Stripe, and Visa. The relevant APIs and tools cover:
- settlements;
- payment orchestration;
- trading and foreign exchange transactions;
- deposits and withdrawals;
- wallets;
- card products and other services.
OUSD integration is already available through BVNK, Stripe, and Visa Stablecoin Platform (VSP). All options allow users to mint and redeem the stablecoin at a 1:1 rate against the U.S. dollar with no fees. The asset is also supported by centralized and decentralized trading platforms. OUSD was initially made available on Coinbase, Kraken, and Uniswap, and Open Standard plans to gradually expand the list of supported platforms.
In 2026, AllUnity, SoFi, Revolut, Western Union, Zelle, and Tetra Digital Group also launched their own stablecoins for corporate use, as did banks Crédit Agricole and SBI Group, as well as the Wyoming state government.
