Open Standard launches stablecoin OUSD, issued by Bridge under Stripe

Open Standard launches stablecoin OUSD, allowing businesses and developers to build financial services and products based on OUSD. OUSD is issued by Bridge, a subsidiary of Stripe, with reserve assets held by BlackRock, Lead Bank, and Bank of New York Mellon. Reserve certificates are issued monthly. Enterprises can access OUSD through Mastercard, Stripe, and Visa stablecoin platforms, and Coinbase will support it from October 1st. Each access method supports 1:1 free minting and redemption. OUSD natively supports Base, Ethereum, Solana, and Tempo networks, and will be launched on Coinbase, Kraken, and Uniswap.