According to Bloomberg, dozens of financial institutions including Visa, Stripe, Mastercard, BlackRock, and Coinbase are planning to jointly launch a new stablecoin called OUSD, which will adopt a revenue-sharing business model among partners. This initiative marks a deep integration between traditional finance and crypto payment giants in the stablecoin space and could reshape the payment settlement landscape.
Institutional Alliance to Launch OUSD Stablecoin
According to a Bloomberg report, dozens of financial institutions including Visa, Stripe, Mastercard, BlackRock, and Coinbase are planning to jointly launch a new stablecoin called OUSD. Unlike existing stablecoins, OUSD will adopt a revenue-sharing business model among partners, where participating issuers earn a portion of transaction fees generated from the stablecoin's circulation based on their contribution.
This alliance brings together payment giants (Visa, Mastercard, Stripe), asset management giant (BlackRock), and leading crypto exchange (Coinbase), demonstrating a high degree of synergy between traditional finance and the crypto industry in the stablecoin sector. The specific technical architecture and backing assets of OUSD have not yet been disclosed, but its unique revenue-sharing mechanism could challenge the business models of existing stablecoins such as USDT and USDC.
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