Launch of Institutional Stablecoin Open USD (OUSD)

The Open USD (OUSD) stablecoin has officially launched as part of the Open Standard ecosystem, which unites more than 200 companies including Visa, Mastercard, Stripe, Coinbase, and BlackRock.

Bridge, a company from the Stripe portfolio, serves as the issuer. Reserves are backed by assets from BlackRock, BNY, and Lead Bank, with monthly attestation reports published.

Supported networks include Base, Ethereum, Solana, and Tempo. Available via Coinbase, Kraken, and Uniswap. Business integration is possible through Visa, Mastercard, and Stripe platforms.

Issuance and redemption occur at a 1:1 rate to the US dollar with no fees. Partners earn rewards based on transaction volume on their respective platforms.

September 30, 2026

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