Visa, Mastercard, And Over 140 Companies Launch Stablecoin Open USD
Bitcoin Magazine Visa, Mastercard, And Over 140 Companies Launch Stablecoin Open USD Visa, Mastercard, Stripe, Coinbase, and 140+ firms have launched Open USD (OUSD), a new yield-sharing stablecoin that aims to challenge Circle and reshape the economics of the $300 billion stablecoin market. This po
A coalition of more than 140 companies, including payments giants Visa and Mastercard, alongside Stripe and Coinbase, has launched a new stablecoin called Open USD (OUSD). The initiative represents one of the most significant collaborative efforts in the digital payments space, bringing together major traditional financial institutions and crypto-native firms under a single stablecoin framework.
Open USD is designed as a yield-sharing stablecoin, a structure that distributes a portion of the returns generated from underlying reserves back to participating stakeholders. This approach sets it apart from existing stablecoins such as USDC, issued by Circle, which retains the yield generated from its reserve assets. The $300 billion stablecoin market has long been dominated by a handful of issuers, with Circle and Tether collectively holding the majority of market share.
The launch of OUSD carries notable implications for the competitive dynamics of the stablecoin sector. By offering yield-sharing mechanisms, the consortium aims to incentivize adoption among businesses and payment processors, potentially drawing volume away from established issuers. The involvement of Visa and Mastercard signals growing institutional appetite for stablecoin infrastructure as a core component of digital payments.
Market observers will be watching whether OUSD can achieve meaningful adoption at scale, how Circle and Tether respond competitively, and whether regulatory developments in key jurisdictions affect the rollout of this new stablecoin model.
Source: Bitcoin Magazine
