Visa, Mastercard, BlackRock, Coinbase Among Dozens of Institutions Planning Joint Stablecoin OUSD

According to a Bloomberg report, dozens of the world's leading financial institutions, including Visa, Stripe, Mastercard, BlackRock, and Coinbase, are planning to jointly launch a new stablecoin named OUSD. Unlike existing stablecoins, OUSD will adopt a revenue-sharing business model, where partner institutions share the transaction fees generated by the stablecoin. This structure is designed to incentivize broader participation among financial players and accelerate the adoption of stablecoins in payments, cross-border settlements, and other use cases. The project is still in its planning phase, with no official launch date or technical details disclosed yet. The initiative highlights the increasing integration of traditional finance into the digital asset ecosystem.