s/pmarcaSTABLECOIN LAUNCH•5h
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Open Standard launches OUSD with $1 billion across four networks
Open Standard launched OUSD, a dollar-pegged stablecoin, across Ethereum, Solana, Base and Tempo. This is being built as a shared payments and settlement rail rather than a token tied to one chain, with $1 billion in launch liquidity spread across the four networks.
The network already includes more than 200 partners, including Visa, Stripe, Shopify, Coinbase and Mastercard. Each integration path supports 1:1 USD conversion at no cost, while reserves are held at BlackRock, Lead Bank and BNY.
The network already includes more than 200 partners, including Visa, Stripe, Shopify, Coinbase and Mastercard. Each integration path supports 1:1 USD conversion at no cost, while reserves are held at BlackRock, Lead Bank and BNY.
Timeline3
18h
Open Standard launched OUSD, a dollar-pegged stablecoin, across Ethereum, Solana, Base and Tempo.
16h
Open Standard said OUSD integrations support 1:1 USD conversion at no cost through Coinbase, Mastercard, Stripe and Visa.
11h
Open Standard was reported to have more than 200 partners, with reserves held at BlackRock, Lead Bank and BNY.
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5h