According to Bloomberg, dozens of financial institutions including Visa, Stripe, Mastercard, BlackRock, and Coinbase are planning to jointly launch a new stablecoin called OUSD. The stablecoin will adopt an innovative revenue-sharing model among partners, marking a deep collaboration between traditional payment giants and the crypto space in the stablecoin ecosystem. Specific details of the project have not yet been fully disclosed, but the industry is watching its potential impact on the existing stablecoin landscape.
According to Bloomberg, dozens of financial institutions including Visa, Stripe, Mastercard, BlackRock, and Coinbase are planning to jointly launch a new stablecoin called OUSD. The stablecoin will adopt a revenue-sharing business model among partners, with specific details yet to be fully disclosed. The launch of OUSD marks the latest collaborative attempt between traditional payment giants and crypto institutions in the stablecoin space, aiming to incentivize ecosystem participants through a shared revenue mechanism, potentially reshaping the competitive dynamics of existing stablecoins.
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