A new stablecoin consortium aims to turn idle settlement cash into yield for banks and fintechs.

Open Standard introduced Open USD (OPEN-USD), a stablecoin that businesses can mint and redeem at no cost and with no ...

A coalition of over 140 companies, including Blackrock, Coinbase, Mastercard, Stripe, and Visa, have joined Open USD (OUSD), ...

Open Standard unveiled Open USD, a dollar-backed stablecoin with zero minting fees and collective governance by 140+ partners ...

Open USD launched with 140-plus partners, from BlackRock and Visa to Shopify, DBS and Ripple, a roster that shows stablecoins ...

This shift is marked by two major infrastructure initiatives: the June 30, 2026, announcement of Open USD, denoted as OUSD, a ...

Despite his skepticism, Thorn said Galaxy joined the Open USD (OUSD) coalition because past consortium failures do not ...

BNY, Huntington Bank, U.S. Bank, American Express, Visa, Mastercard, Stripe, and Coinbase are just a few of the companies ...

Circle shares fell 16% after Open Standard unveiled OUSD, backed by 140+ firms with zero-fee minting and redemption.

The forthcoming Open USD has more than 100 major supporters onboard, including Coinbase—a key backer of Circle’s USDC.

A 140-strong consortium including Visa, Mastercard, Stripe and Coinbase has launched Open USD, a shared-governance stablecoin aimed at Circle and Tether.

Samsung Electronics, Dunamu, Shinhan Financial Group and K Bank had not held formal Open USD consultations, according to a Korean media report.