Open Standard has introduced the Open USD (OUSD), a dollar-pegged stablecoin designed for global payments. The initiative has garnered support from over 140 companies, including Visa, Mastercard, Stripe, Coinbase, Google, and BlackRock.
Businesses will be able to issue and redeem Open USD without fees or artificial volume limits. Partners will earn income from reserves, minus a small management fee. The stablecoin is expected to launch later in 2026.