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

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 ...

The debut of Open USD (OPEN-USD) stablecoin, which has signed on more than 140 partners, is a constructive development for ...

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

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

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

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

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