Open Standard Launches Open USD Stablecoin with Support from Visa and 140 Other Companies
Open Standard announced the launch of a new stablecoin, Open USD (OUSD), aimed at global capital flow, with over 140 companies joining the ecosystem, including Visa, Stripe, Mastercard, American Express, BlackRock, BNY, DBS, Coinbase, and OKX.
Open USD is based on core principles of zero-cost large-scale minting and redemption, reserve yield sharing with partners, and multi-party governance led by the independent company Open Standard.
The stablecoin is scheduled to officially launch later this year, aiming to create an open, low-cost, high-throughput shared economy stablecoin infrastructure.
Source: Public Information
ABAB AI Insight
Traditional stablecoin issuers are often dominated by a single entity. The multi-party governance model of Open USD continues the expansion path of early compliant stablecoins like Circle and Paxos, but emphasizes revenue sharing and zero-cost minting to attract enterprise adoption.
In terms of capital pathways, Open Standard mobilizes reserve assets and payment flows through its ecosystem partner network, directing funds towards multi-party governance structures and infrastructure development. The motivation is to build a neutral shared layer to reduce risks associated with single platforms, strategically connecting TradFi and crypto to achieve a global payment closed loop.
Similar to USDC's early expansion through bank partnerships, this move places Open USD in the expansion phase of stablecoins transitioning from single issuance to alliance-based shared infrastructure. Essentially, it represents a reconstruction of the industry chain, breaking single control through multi-party governance and revenue sharing. The mechanism of zero-cost minting lowers the entry barrier for enterprises and shares reserve yields, reshaping the pricing power of global capital flows towards an open alliance.
ABAB News · Cognitive Law
Stablecoins do not sell centralized control; they sell shared yields and neutral governance.
Enterprises mint at zero cost, partners share reserves, and the ecosystem captures payment flows.
Traditional rails sell friction; new stablecoins sell open high-throughput leverage.