---
title: "Open Standard Deploys Native Open USD Stablecoin on Solana"
description: "Issued by Bridge and backed by financial heavyweights, OUSD launches natively on Solana with over $1 billion in committed initial liquidity."
url: https://basisdesk.news/news/open-standard-launches-native-open-usd-solana
published: 2026-09-30T20:01:14.907Z
modified: 2026-09-30T20:01:14.907Z
section: Stablecoins & Payments
author: Basis Desk Newsroom (AI-generated, source-verified)
sentiment: bullish
tickers: [OUSD, SOL]
tags: [solana, stablecoins, open-usd, payments, institutions]
license: Quote with attribution to Basis Desk (basisdesk.news). Not financial advice.
---

# Open Standard Deploys Native Open USD Stablecoin on Solana

Issued by Bridge and backed by financial heavyweights, OUSD launches natively on Solana with over $1 billion in committed initial liquidity.

## Key points

- Open Standard launched Open USD (OUSD) natively on Solana with zero-cost minting and burning at a 1:1 dollar ratio.
- Coinbase, Mastercard, Shopify, Stripe, and Visa contributed equal stakes and committed over $1 billion in total liquidity.
- OUSD reserves are held at BlackRock, BNY, and Lead Bank, using Solana's Token-2022 standard for compliance features.

## Editorial remark

- **Context:** Enterprise payment giants have shifted from testing isolated pilots toward establishing shared settlement stablecoins backed by major tier-one custodians and traditional finance institutions.
- **Impact:** Corporate treasuries gain direct access to fee-free dollar settlements without wrapped token risks, boosting Solana's institutional footprint alongside established players like Visa and PayPal.
- **Watch:** Monthly reserve attestations published by Bridge and transaction volume adoption among the more than 200 integrating enterprises.

Open Standard has launched its Open USD ($OUSD) stablecoin natively on Solana, enabling businesses to mint and redeem the asset at parity with the US dollar without fees [1]. Issued by stablecoin platform Bridge, the token maintains reserves custodialized across BlackRock, BNY, and Lead Bank, supported by monthly attestation disclosures [1].

Founding partners Coinbase, Mastercard, Shopify, Stripe, and Visa contributed equal initial stakes to establish the project, pledging more than $1 billion collectively toward OUSD liquidity [1]. The broader roster of institutions preparing to integrate the token has crossed 200 firms, including UBS, SBI Holdings, and Jeeves [1]. The rollout expands upon prior ecosystem moves, such as when [Stripe integrated Open USD](https://basisdesk.news/news/stripe-integrates-open-usd-stablecoin-partners) to facilitate zero-fee conversions across payment flows.

## Institutional Settlement and Token-2022

The asset relies on Solana's Token-2022 framework rather than a bridge or wrapped contract [1]. This setup provides native issuance that supports extensions such as protocol-level confidential transfers, which institutional compliance teams require to avoid cross-chain bridging risks [1]. The Solana Foundation noted that stablecoins on the network have recorded over $5 trillion in transfer volume through 2026, with circulating stablecoin supply climbing 18.8% year-over-year to $17.4 billion alongside a median transaction fee of approximately $0.0013 [1]. At the time of writing, native token $SOL traded at $117.18.

## FAQ

**What is Open USD (OUSD)?**

Open USD is a dollar-pegged stablecoin issued by Bridge with backing assets held at institutions including BlackRock, BNY, and Lead Bank.

**Why is native issuance on Solana significant for OUSD?**

Native deployment eliminates wrapped bridge dependencies and uses the Token-2022 standard to enable features like confidential transfers directly on-chain.

## Sources

1. [Open USD Is Live on Solana](https://solana.com/news/open-usd-is-live-on-solana) — Solana News, 2026-09-30

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Basis Desk Newsroom · AI-generated, source-verified · https://basisdesk.news/about/how-we-use-ai