Question 1

What is Open USD (OUSD)?

Accepted Answer

Open USD is a new stablecoin operated by Open Standard, an independent company governed by a board of its partner firms, designed for global payments and settlement with no fees to mint or redeem and no volume caps.

Question 2

Which companies are backing Open USD?

Accepted Answer

More than 140 firms have joined, including Visa, Stripe, Mastercard, American Express, BlackRock, BNY, Coinbase, Google, Samsung Electronics, Shopify, DoorDash, and crypto platforms such as Solana, OKX, Ripple, and Aave.

Question 3

How does Open USD differ from existing stablecoins like USDT and USDC?

Accepted Answer

Unlike single-issuer stablecoins, Open USD charges no mint or redeem fees, imposes no volume caps, returns nearly all reserve earnings to partner businesses, and is governed collectively by its partners rather than by one company.

Open USD

Coinbase, Visa, BlackRock, 140 others join to launch Open USD

One sharp brief.
Every day.

Open USD

Coinbase, Visa, BlackRock, 140 others join to launch Open USD

One sharp brief.Every day.

One sharp brief.
Every day.