Dozens of Major Companies Become Open USD Launch Partners

2 hours ago 2

Bankless

Tue, June 30, 2026 astatine 12:42 PM CDT 1 min read

A conjugation of implicit 140 companies, including Blackrock, Coinbase, Mastercard, Stripe, and Visa, person joined Open USD (OUSD), a caller stablecoin effort governed by an autarkic entity called Open Standard that volition administer its revenues to its subordinate partners.

What's the Scoop?

The pitch: Once live, Open USD volition fto businesses mint and redeem the stablecoin with nary fees oregon measurement caps, portion returning astir of the reserve net backmost to participating partners minus a absorption fee.
Open governance: Unlike astir existing stablecoins, OUSD volition beryllium tally by Open Standard, a abstracted institution whose committee is made up of its spouse businesses, intended to support decisions aligned with the corporate web alternatively than a azygous firm issuer.
Heavyweight backing: The inaugural spouse database spans banks (BBVA, BNY, DBS, Standard Chartered), crypto-native players (Aave, Coinbase, MetaMask, Morpho, Solana), payments giants (American Express, Mastercard, Visa), and tech platforms (DoorDash, Google, Shopify).
Coming soon: Stripe said it's making OUSD the default stablecoin for businesses transacting connected Stripe, portion Coinbase confirmed OUSD is coming to Base and different chains aboriginal this year. Open USD is expected to spell unrecorded aboriginal successful 2026.