s/dan_panteraSTABLECOIN LAUNCH•Oct 1
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OUSD launches with $1 billion in liquidity across four networks
Open Standard launched OUSD, a dollar-backed stablecoin, across Ethereum, Solana, Base and Tempo. The launch comes with payment giants and more than 200 companies already in the network, putting OUSD in front of businesses before it has to build credibility from scratch.
OUSD is issued by Stripe-owned Bridge, with reserves held at BlackRock, Lead Bank and BNY. Businesses can mint and burn it 1:1 for U.S. dollars at no cost through supported integration paths, and $1 billion in launch liquidity was announced across the four networks.
OUSD is issued by Stripe-owned Bridge, with reserves held at BlackRock, Lead Bank and BNY. Businesses can mint and burn it 1:1 for U.S. dollars at no cost through supported integration paths, and $1 billion in launch liquidity was announced across the four networks.
Timeline2
Sep 30
Open Standard launched OUSD across Ethereum, Solana, Base and Tempo.
Sep 30
Open Standard reported OUSD issuance through Stripe-owned Bridge, with reserves held at BlackRock, Lead Bank and BNY.
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Oct 1