Stripe launches OUSD, a stablecoin issued by Open Standard and backed by partners including Visa, Mastercard, and Google. With shared governance and yield models, OUSD becomes Stripe's default platform stablecoin, directly challenging Circle's USDC. This move signals that stablecoin competition is transitioning from asset reserves to network effects and payment infrastructure.
Stripe has officially launched OUSD (Open Standard Dollar), a stablecoin issued by Open Standard, with support from major partners including Visa, Mastercard, and Google. OUSD adopts shared governance and yield distribution models and has been set as the default stablecoin on Stripe's platform, directly challenging Circle's USDC. This initiative marks a shift in stablecoin competition from purely asset reserve competition to a battle over network effects and global payment infrastructure.
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