Open USD Integrates Ethereum for Institutional Settlement, Joining Visa and BlackRock in Multichain Rollout
Key Takeaways
Open USD adds Ethereum to its multichain infrastructure, enabling institutional settlement for partners like Visa and BlackRock. The model shares reserve income with distributors, leveraging Ethereum’s liquidity while using other chains for cost efficie
Woofun AI reports that Open USD has integrated Ethereum into its settlement infrastructure, a move confirmed by Ethereum Institutional on July 30. This expansion anchors the stablecoin’s business-focused architecture, bringing major entities such as Visa, Mastercard, Stripe, BlackRock, and BNY under the Open Standard framework.
Structurally, the network now supports over 140 companies within a shared settlement environment, eliminating reliance on private systems operated by direct competitors. This competitive neutrality allows each participant to independently verify the asset and its settlement rules, ensuring that no single entity controls the underlying ledger while maintaining interoperability across the consortium.
Notably, Ethereum provides established liquidity and mature infrastructure that are familiar to institutional market participants, serving as the primary layer for high-trust interactions.
Meanwhile, other supported networks handle transfers where lower fees or faster execution are critical, allowing consumers to transact in local currency while merchants, payroll platforms, and remittance services settle through Open USD behind the scenes.
Per Woofun AI, the revenue model diverges significantly from USDT and USDC by distributing reserve earnings to participating exchanges, payment firms, and fintech platforms rather than retaining them solely with the issuer. This structure incentivizes integration for distributors, although ordinary token holders are not automatically entitled to yield, creating a distinct financial alignment for business partners.
Ethereum transaction costs remain a practical consideration for treasury desks and payment processors, prompting strategies such as batching transfers or routing smaller transactions through cheaper supported networks. Consequently, Ethereum mainnet is positioned for high-value settlement and liquidity needs rather than individual purchases, broadening the stablecoin’s utility across payments and treasury operations.
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