According to Bloomberg, dozens of financial institutions including Visa, Stripe, Mastercard, BlackRock, and Coinbase are planning to jointly launch a new stablecoin called OUSD with a revenue-sharing business model among partners. This move could reshape the competitive landscape of the stablecoin market.
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, differentiating it from traditional algorithmic stablecoins or stablecoins issued by a single entity.
Specific technical details, the underlying assets, and the issuance timeline for OUSD have not yet been disclosed. However, the participation of multiple industry giants has already drawn attention to potential shifts in the stablecoin landscape.
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