Open USD Stablecoin Launches with 140+ Institutions Including BlackRock and Solana
2026-07-01 00:32

Woofun AI reports that Open Standard has introduced the Open USD (OUSD) stablecoin, supported by an ecosystem of over 140 institutions including Visa, Stripe, Mastercard, American Express, BlackRock, BNY, DBS, Coinbase, OKX, MetaMask, Aave, Ripple, Fireblocks, Solana, and Polygon. The asset is designed around three core principles: enterprise zero-cost large-scale minting and redemption, full reserve asset yield distribution to partners after management fees, and governance by a board comprising Open Standard and its partners rather than a single issuer. Open Standard confirmed that Open USD will officially launch later this year, aiming to establish open, low-cost, high-throughput infrastructure with a shared economic model for the Internet economy and global enterprise payments.

Disclaimer: Views are the author's own and do not represent the platform. Do not reproduce without permission. Content is for reference only, not investment advice. Trade at your own risk.
Tags:
Open USD
OUSD
Open Standard
MetaMask
Aave
Fireblocks
Polygon
Visa
BlackRock
Coinbase
Stripe
Mastercard
American Express
BNY
DBS
OKX
Ripple
Solana
Share:
back