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INTRODUCING | Leading Global Payments, Banking Firms Launch the Open USD Stablecoin and Infrastructure

A consortium of more than 140 companies spanning payments, banking and digital assets has launched Open USD (OUSD), a new dollar-backed stablecoin network designed to let businesses issue, move and integrate digital dollars while sharing in the economic benefits traditionally reserved for stablecoin issuers. The initiative, led by the Co-Founder of stablecoin infrastructure firm, Bridge, is backed by companies including: Stripe, Coinbase, Visa, MasterCard, BlackRock, Google, Ripple, and BNY and is governed by an independent non-profit organization called Open Standard. […]

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Added to TxFlows
2026-07-01 13:14 UTC
As of
2026-07-17 00:48 UTC

What happened

  • INTRODUCING | Leading Global Payments, Banking Firms Launch the Open USD Stablecoin and Infrastructure

Why it matters for stablecoins

Reviewed BitKE reporting on Payments matters for Stablecoin payments readers.

Timeline

  1. Publisher published the item

    BitKE reported the item at 2026-07-01T06:00:35.000Z.

Sources

This event appears in Payments & Adoption because 1 public source support the summary. TxFlows classifies the evidence as reported news and reported news, with a standard reporting trust tier. Publisher links are shown only when the URL is safe to expose.

Compiled from the public source documents and reporting listed below.

Reported news

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    BitKE

    Reported news / Reported news

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