CoinScoopStripe launches OpenUSD stablecoin with support from Coinbase, Mastercard, and Visa
Stripe has launched its 1:1 U.S. dollar-backed stablecoin, OpenUSD (OUSD), across Ethereum, Solana, Base, and Tempo. The initiative aims to compete with the USDT and USDC duopoly by sharing yield directly with partners rather than internalizing it. The stablecoin is supported by major payment giants including Mastercard, Visa, and Stripe, as well as Coinbase. Industry leaders view the development as a shift toward a multi-chain, multi-money financial system rather than a winner-takes-all market.
Summaries are written by AI from the original article. Not investment advice.