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Visa and Mastercard Join $1 Billion Bet on Stripe-Backed OUSD

Bitcoin.com News·September 30, 2026·1 min read
Visa and Mastercard Join $1 Billion Bet on Stripe-Backed OUSD

Stablecoin project open usd (OUSD) launched with over $1 billion in liquidity, backed by Coinbase, Mastercard, Shopify, Stripe, and Visa. Businesses can mint and redeem OUSD at par without fees or volume caps, while participating companies collect most of the income.

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