June 30, 2026, the company Open Standard introduced a new stablecoin Open USD with the ticker OUSD — and did it with a bang that the crypto market has not yet seen. The project is backed by a consortium of more than 140 companies, covering traditional finance, big tech, and the crypto industry simultaneously.

Among the participants are Visa, Mastercard, Stripe, American Express, BlackRock, BNY, Coinbase, Google, IBM, Ripple, Shopify, DoorDash, OKX, Bybit and Standard Chartered. The head of Open Standard became Zak Abrams, CEO of Bridge, a company that is part of the Stripe ecosystem.

The key difference of OUSD from existing stablecoins — is in a fundamentally different economic model. Traditional issuers like Tether and Circle keep all the income from reserves for themselves. Open Standard inverts this scheme: partners can issue and redeem tokens without any fees and volume restrictions, and almost all the income generated by reserves is distributed back among network participants after a small management fee. In addition, the stablecoin is managed collegially — the board of directors of Open Standard is formed from representatives of partners, not controlled by a single issuer.

Technically OUSD is designed to work on multiple blockchains at once: Solana for high-speed transactions in DeFi, Stellar for international payments, Base for the Coinbase ecosystem and Polygon for corporate applications. Stripe has already announced that it intends to make OUSD the default stablecoin for businesses on its platform.

The launch of OUSD takes place against the backdrop of the rapid growth of the entire stablecoin market, the volume of which today exceeds 298 billion dollars. According to BNY forecasts, by 2030 this figure could reach 1.5 trillion dollars — and OUSD clearly claims a key role in this new financial infrastructure.

It is noteworthy that neither Tether, nor Circle joined the consortium : they remain the largest players in the market, but the appearance of such a large-scale and institutionally backed competitor changes the balance of power. For users and businesses, this means further development of a competitive environment — and therefore, more favorable conditions, transparency and convenience of working with digital dollars.The full launch of OUSD is expected in the second half of 2026.

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#BlackRock
#Coinbase
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