Original sourcecryptobriefing.comAdditional: pymnts.com
Summary
Stripe designated Open USD (OUSD) as the default stablecoin for its business payments. OUSD is issued by Stripe subsidiary Bridge, with reserves held by BlackRock, Lead Bank, and BNY and attested monthly; it charges no mint or redemption fees, has no transaction volume caps, and uses a shared-yield…
Key points
- For businesses using Stripe to receive and send payments, the default stablecoin change directly affects settlement currency, fee structure, and reconciliation processes.
- Stripe is using its own issuance combined with major payment partners to push OUSD as the default option, a key step in bringing stablecoins into mainstream commercial use.
- Stripe merchants may be steered toward OUSD settlement and need to assess its reserves, tax and accounting treatment, and whether it supports existing fiat off-ramp processes.
Editorial note
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