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Open USD Arrives: How 140+ Giants Including Visa, Mastercard, and Coinbase Are Rewriting Stablecoin Economics
Crypto

Open USD Arrives: How 140+ Giants Including Visa, Mastercard, and Coinbase Are Rewriting Stablecoin Economics

A coalition of 140+ companies including Visa, Mastercard, Coinbase, and BlackRock has launched Open USD (OUSD), a yield-sharing stablecoin with no minting or redemption fees that directly challenges Circle and Tether's dominance in the $300 billion stablecoin market.

June 30, 2026