Stripe adopts Open USD as default stablecoin for business payments
Stripe has designated Open USD (OUSD) as its default stablecoin for business transactions. OUSD was launched on September 30, 2026, by Open Standard, a consortium including Visa, Mastercard, American Express, and Coinbase. The token is issued by Stripe subsidiary Bridge and is backed by reserves held at BlackRock, Lead Bank, and BNY. It features zero-fee minting and redemption, no volume caps, and operates natively on Base, Ethereum, Solana, and Tempo.
Summaries are written by AI from the original article. Not investment advice.