Ethereum
Open USD Stablecoin Launches With $1 Billion Backing From Visa, Mastercard And Stripe
CoinCentral·October 1, 2026·1 min read
Open USD (OUSD) stablecoin launched on Ethereum, Solana, Base, and Tempo with over $1 billion in liquidity commitments. Founding partners Coinbase, Mastercard, Shopify, Stripe, and Visa each hold equal equity stakes. The stablecoin market exceeds $300 billion, led by Tether's USDT and Circle's USDC.
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