Stripe-Backed Bridge Launches OUSD Stablecoin with Revenue-Sharing Model

The Open Standard alliance has launched Open USD (OUSD), a stablecoin issued by Stripe-owned Bridge, with support from partners including Coinbase, Mastercard, Shopify, and Visa. Unlike traditional models where issuers retain all reserve interest, OUSD distributes reserve yields to participating partners based on their contribution to supply and transaction volume. While Circle CEO Jeremy Allaire emphasized the importance of liquidity and regulatory infrastructure in response to the launch, OUSD aims to challenge the profit-sharing dynamics of the stablecoin market.