On June 30, 2026, the stablecoin alliance Open Standard announced the launch of Open USD, a new stablecoin designed for global money movement. It addresses key pain points in existing stablecoins: high minting/redemption fees, lack of reserve yield sharing, and centralized governance. Open USD introduces three core design principles: zero-cost minting/redeeming with no volume caps; default earnings from reserve yield for partners (minus a small management fee); and collaborative governance via a board composed of partner representatives. Over 140 businesses have already signed up to use Open USD, spanning payments, banking, technology, and crypto native sectors.
Massive Industry Adoption: 140+ Partner List
The partner list includes nearly every major player in global payments and finance:
- Payment Networks & Processors: Visa, Stripe, Mastercard, American Express, Discover, Fiserv, Adyen, Klarna, Affirm, Checkout.com, Western Union, Nuvei, Remitly, Ria, MoneyGram, Worldline, Galileo, Highnote, Lithic, Thredd, Episode Six, and more.
- Banks & Asset Managers: BlackRock, BNY Mellon, Standard Chartered, Commonwealth Bank of Australia, Sumitomo Mitsui Financial Group, Intercontinental Exchange, National Australia Bank, DBS, U.S. Bank, BBVA, Mizuho, Shinhan, Westpac, Itaú, OCBC, ANZ, UOB, Banco Bradesco, Huntington, Citizens, KB Kookmin, Emirates NBD, Hanwha, Banorte, Bank Hapoalim, FNB South Africa, K Bank, SoFi, Woori Card, Absa, Kakao Bank, Samsung Card, Bank Leumi, Nedbank, Isbank, Abu Dhabi Islamic Bank, Banco de Crédito del Perú, Mashreq, RAK Bank, Hana Card, Hyundai Card, BCcard, Cross River, Banco de Crédito del Perú, Grupo Aval, Davivienda, The Bancorp, Pathward, Banca Transilvania, Nonghyup Card, Neo Financial, Maya Bank, Netbank, Freedom Bank Kazakhstan, Lead Bank, Kapital, MAX, and many more.
- Technology & E-commerce: Google, Samsung Electronics, IBM, Shopify, Mercado Libre, Mercado Pago, Infosys, DoorDash, Wix, Grab, Rakuten Group.
- Crypto Native Firms: Coinbase, Tempo, Bybit, Solana, OKX, Ripple, Crypto.com, Fireblocks, Gemini, MetaMask, Aave, eToro, Galaxy, Dunamu, Ledger, MoonPay, Anchorage Digital, Digital Asset, Trust Wallet, Meow, Morpho, Ether.Fi, Lightspark, zerohash, Bitso, Bridge, Rain, BVNK, Mesh, Privy, Bitget Wallet, StraitsX, Yellow Card, Reap, Brale, RedotPay, Immersve, Stellar, Polygon, Aptos Labs, Plasma, KAST, Blossom, Lemon.
Executive Perspectives on Open Infrastructure
Several partner executives shared their views on why Open USD matters. BBVA's Alicia Pertusa said it changes how money moves, making transactions frictionless and 24/7. BlackRock's Samara Cohen highlighted the need for trusted infrastructure in digital markets. BNY's Carolyn Weinberg emphasized the potential of neutral governance and shared economics, projecting the stablecoin market to reach $1.5 trillion by 2030. Chime's Chris Britt called stablecoins the most important thing in payments. Coinbase's Shan Aggarwal committed to providing customers with the best options. DoorDash's Andy Fang praised the genuinely open nature of Open USD. Fireblocks' Michael Shaulov noted that the industry is consolidating around shared, regulated infrastructure. Mastercard's Jorn Lambert compared stablecoins to the internet and mobile networks as shared infrastructure. Shopify's Rohit Mishra said that stablecoins become more powerful for merchants when the ecosystem builds together. Stripe's Will Gaybrick emphasized that businesses need a stablecoin designed for the 2040 economy. Visa's Jack Forestell stated that scale comes only with trust, and Visa is bringing its risk standards to Open USD.
Launch Timeline and Market Impact
Open USD will go live later this year. As stablecoin transaction volume approaches that of the ACH network, enterprise demand for low-cost, programmable, open money movement infrastructure is surging. The zero-cost model, default yield sharing, and collaborative governance position Open USD to potentially disrupt incumbents like USDT, USDC, and DAI in the enterprise market.