OUSD Gets Backing from Visa, Mastercard and 140 Major Firms
Open Standard has officially launched a new stablecoin called OUSD, announcing support from 140 enterprises including Visa and Mastercard. The coin adopts a collaborative management model that distributes network revenues to participants, directly challenging the existing centralized stablecoin landscape.
Market Analysis: Unlikely to Unseat USDT and USDC
Despite the powerful partner lineup, analysts widely believe that OUSD will find it difficult to dislodge the market dominance of USDT and USDC in the near term. Both incumbents have built deep network effects and liquidity, creating high barriers for new entrants.
Traditional Finance Accelerates Stablecoin Infrastructure Engagement
The launch of OUSD marks an active step by traditional financial giants such as Visa and Mastercard into stablecoin infrastructure. This could increase the global financial system's adoption of stablecoins, though significant competitive shifts are not expected anytime soon.
