Financial Giants Unite to Launch a New 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 named OUSD. The stablecoin will adopt an innovative business model—revenue sharing among partners—aiming to improve market efficiency through cross-institutional collaboration.
This alliance brings together core players from payment networks, asset management, and crypto exchanges, underscoring the strategic importance traditional finance giants place on the stablecoin sector. Specific details on OUSD's technical architecture, reserve assets, and launch timeline have not been disclosed. However, the revenue-sharing model could provide sustained incentives for participants, accelerating stablecoin adoption in payments, settlements, and other use cases.
If successfully launched, OUSD may compete with existing stablecoins such as USDT and USDC, and further drive mainstream financial institutions' expansion into digital assets. The market is closely watching for further developments.