Stripe has officially launched its supported stablecoin OUSD, marking a shift in stablecoin competition from asset issuance to network infrastructure. Issued by Open Standard, OUSD has garnered support from Visa, Mastercard, and Google, and features a shared governance and revenue distribution model. Stripe has set OUSD as the default stablecoin on its platform, directly challenging Circle's USDC dominance and aiming to reshape global payment infrastructure.
Payment giant Stripe has officially launched its supported stablecoin OUSD, signaling a shift in the stablecoin landscape from asset-level competition to network infrastructure competition. OUSD is issued by Open Standard and has secured partnerships with industry giants including Visa, Mastercard, and Google. The stablecoin adopts a shared governance and revenue distribution model. Stripe has designated OUSD as the default stablecoin on its payment platform, directly challenging Circle's USDC. Through OUSD, Stripe aims to build a next-generation global payment infrastructure, driving large-scale adoption of stablecoins in payment scenarios.
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