Original sourceCryptoBriefingAdditional: FinanceX Magazine
Summary
Open Standard's dollar stablecoin OUSD launched on September 30, 2026, with five founding members—Visa, Mastercard, Coinbase, Shopify and Stripe—committing over $1 billion in combined liquidity. It operates on Ethereum, Solana, Base and Tempo. OUSD supports 1:1 minting and redemption, charges no fe…
Key points
- This is the first time major card networks have directly invested in a stablecoin issuer as founding members, giving enterprises a basis to assess whether fee-free minting and redemption changes their own settlement cost structure.
- Card networks are maintaining their existing card business while betting on a stablecoin rail that could erode their own fee revenue, signaling that the competitive logic of the payment clearing layer is being rewritten.
- Corporate treasury and payment teams can begin comparing OUSD with existing stablecoins on minting, redemption and cross-chain settlement costs, and should watch key metrics such as circulating supply and its share of Stripe transactions.
Editorial note
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