Open Standard has launched a new stablecoin OUSD, backed by 140 major enterprises including Visa and Mastercard. OUSD employs a collaborative management model where revenue is distributed to participants, aiming to challenge the existing stablecoin landscape. However, industry analysts believe OUSD is unlikely to disrupt the dominance of USDT and USDC in the near term, though this move signals traditional finance's deep engagement with stablecoin infrastructure and could boost global stablecoin adoption.
OUSD Backed by 140 Giants, Including Visa and Mastercard
Open Standard has officially launched a new stablecoin, OUSD, supported by 140 leading enterprises including Visa and Mastercard. OUSD uses a collaborative management model, distributing on-chain revenue proportionally to all participants, aiming to challenge existing stablecoin paradigms with a fairer incentive structure.
Industry View: Limited Disruption but Significant Implications
Despite the strong partner lineup, industry analysts believe OUSD will struggle to challenge the dominance of USDT (market cap over $140 billion) and USDC in the short term. However, the active involvement of Visa and Mastercard signals traditional finance's deep engagement with stablecoin infrastructure, potentially driving gradual adoption of stablecoins within the global financial system, especially in cross-border payments and settlement scenarios.
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