CoinScoopStablecoin OUSD launches with 1:1 minting and redemption
Open USD (OUSD), a stablecoin issued by Stripe's Bridge, has officially launched with support for 1:1 minting and redemption. The asset is deployed on Base, Ethereum, Solana, and Tempo, with integration support for Mastercard, Stripe, and Visa. Coinbase is scheduled to support the stablecoin on October 1. Reserve assets are held by BlackRock, Lead Bank, and BNY Mellon.
Summaries are written by AI from the original article. Not investment advice.