Bridge Launches Open Standard Stablecoin OUSD
Open Standard has officially launched the U.S. dollar-backed stablecoin OUSD, issued by Stripe-owned company Bridge. Designed for enterprises and developers, OUSD supports financial services including banking, cross-border payments, and institutional trading. The stablecoin is natively supported on Base, Ethereum, Solana, and Tempo, with integration available via Mastercard, Stripe, and the Visa Stablecoin Platform. Coinbase integration is scheduled for October 1. Reserve assets are held at BlackRock, Lead Bank, and BNY Mellon, with monthly proof-of-reserves reports to be published.
Summaries are written by AI from the original article. Not investment advice.