Analysis · Stablecoins & Payments
Backed by Coinbase, Mastercard, Shopify, Stripe, and Visa, the new Open USD stablecoin debuts with zero-fee minting and burning to challenge dominant market incumbents.
Key point 1 of 3
01
Open Standard, founded by Coinbase, Mastercard, Shopify, Stripe, and Visa, launched the OUSD stablecoin natively on Solana with over $1 billion in committed liquidity.
Key point 2 of 3
02
OUSD eliminates variable minting and burning fees, charging only a small, predictable transaction fee to lower the cost of enterprise treasury operations.
Key point 3 of 3
03
Stripe has integrated OUSD across its developer stack, allowing businesses to fund Stripe Treasury accounts and issue stablecoin cards.
Context
The stablecoin market has historically been dominated by centralized issuers charging variable fees for fiat conversion.
Why it matters
Fintech developers, remittance firms, and global payroll platforms can now bypass expensive legacy banking rails and variable stablecoin mint/burn fees.
What to watch
The release of the first monthly reserve attestation by Bridge, BlackRock, Lead Bank, and BNY, which will confirm the backing and transparency of the initial $1 billion liquidity…
Sources
Built from 3 primary sources, machine-checked before publication.
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