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stablecoin
2026-06-30 13:46:43

Stablecoin Consortium Open Standard Launches Open USD with Over 140 Partners Including Visa, Stripe, BlackRock

The stablecoin consortium Open Standard has announced the launch of Open USD, a new stablecoin designed to address scalability, cost, and governance issues. Open USD offers free minting and redemption, default earnings sharing, and collaborative governance. Over 140 businesses, including Visa, Stripe, Mastercard, BlackRock, BNY, and Coinbase, have signed up. The project is expected to go live in H2 2026 and could help drive the stablecoin market to $1.5 trillion by 2030.

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Stablecoin Consortium Open Standard Launches Open USD with Over 140 Partners Including Visa, Stripe, BlackRock
Open USD
2026-06-30 13:46:43

Stablecoin Alliance Open Standard Launches Open USD with 140+ Partners Including Visa, Stripe, BlackRock

On June 30, 2026, the stablecoin alliance Open Standard officially announced Open USD, a new stablecoin designed for global money movement. Featuring zero-cost minting and redemption, default earnings for partners, and collaborative governance, Open USD has already secured commitments from over 140 enterprises including Visa, Stripe, Mastercard, BlackRock, BNY, Coinbase, Google, and Samsung. The stablecoin aims to address key pain points in existing stablecoins—high fees, inability to share reserve earnings, and lack of partner influence over roadmaps. Open USD will go live later this year, with the potential to accelerate the stablecoin market's growth toward an estimated $1.5 trillion by 2030.

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Stablecoin Alliance Open Standard Launches Open USD with 140+ Partners Including Visa, Stripe, BlackRock
stablecoin
2026-06-30 13:46:43

Open Standard Alliance Launches Open USD Stablecoin with Over 140 Global Participants Including Visa, Stripe, Mastercard

The Open Standard stablecoin alliance has announced Open USD, a new stablecoin designed for global money movement, addressing key challenges faced by businesses in scaling stablecoin usage: high mint/redeem fees, lack of reserve earnings participation, and centralized governance. Open USD introduces three core design principles: zero-cost, unlimited-volume minting and redemption; default yield pass-through to partners (minus a small management fee); and collaborative governance via an independent board composed of partners. Over 140 companies have signed up, including Visa, Stripe, Mastercard, American Express, BlackRock, BNY, Standard Chartered, Coinbase, Shopify, DoorDash, Google, Samsung, and many more across payments, banking, technology, and crypto. Open USD is expected to go live later this year, aiming to become the default infrastructure for internet-native value transfer.

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Open Standard Alliance Launches Open USD Stablecoin with Over 140 Global Participants Including Visa, Stripe, Mastercard
stablecoin
2026-06-30 13:46:43

Stablecoin Alliance Open Standard Launches Open USD with Zero-Fee Minting and Revenue Sharing, Attracting Over 140 Enterprises

On June 30, the stablecoin alliance Open Standard announced the launch of Open USD, a new stablecoin designed for global money movement. With over 140 partners including Visa, Stripe, Mastercard, BlackRock, and Coinbase, Open USD introduces three key design principles: zero-cost minting and redemption at scale, default earnings pass-through to partners (minus a small management fee), and collaborative governance through a board composed of partner representatives. It is expected to go live later in 2026. Industry leaders from BBVA, BlackRock, BNY, Chime, Coinbase, DoorDash, Félix, Fireblocks, Mastercard, Shopify, Stripe, and Visa praised the initiative as a pivotal step toward mainstream stablecoin adoption, with BlackRock forecasting a $1.5 trillion stablecoin market by 2030.

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Stablecoin Alliance Open Standard Launches Open USD with Zero-Fee Minting and Revenue Sharing, Attracting Over 140 Enterprises