Visa, Stripe, Mastercard, BlackRock, Coinbase and Dozens of Financial Firms Plan to Launch New Stablecoin OUSD with Revenue-Sharing Model

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. Unlike existing stablecoins, OUSD will adopt a revenue-sharing model among participating partners, where each institution receives a portion of the income generated from stablecoin issuance and circulation based on their contributions. This move is seen as a major collaboration between traditional payment giants and crypto exchange platforms, potentially challenging the dominance of USDT, USDC, and other established stablecoins. The specific launch date, underlying assets, and technical details of OUSD have not yet been disclosed, but the list of participants has already attracted significant market attention.