Stripe2026-07-02 06:18:11Stripe Launches OUSD: Stablecoin Competition Shifts from Asset to Network, Challenging CircleStripe 正式推出由其主导的稳定币 OUSD，标志着稳定币市场从单一资产竞争进入网络效应竞争阶段。OUSD 由 Open Standard 发行，获得 Visa、Mastercard 及 Google 等巨头支持，采用共享治理与收益模式，并被 Stripe 设为平台默认稳定币。此举直接挑战 Circle 旗下 USDC 的地位，意图重塑全球支付与资金流动基础设施。310
stablecoin2026-07-02 06:18:11Stripe's Ambition with OUSD and the Future of StablecoinsStripe has launched OUSD, a stablecoin issued by Open Standard, with partners including Visa, Mastercard, and Google. This marks a shift in stablecoin competition from asset-based to network-based. OUSD features shared governance and a revenue-sharing model, and will be the default stablecoin on Stripe's platform. The move directly challenges Circle and aims to reshape global payment infrastructure.390
Stripe2026-07-02 06:18:11Stripe Launches OUSD: Stablecoin Competition Shifts from Assets to Networks, Partnering with Visa, Mastercard, and Google to Challenge CircleStripe has officially launched OUSD, a stablecoin built on Open Standard, signaling a shift in the stablecoin market from asset competition to network competition. OUSD integrates Visa, Mastercard, and Google as initial partners, leverages shared governance and revenue models, and will serve as the default stablecoin on Stripe's platform. This move directly challenges Circle and other incumbents, aiming to reshape global money movement infrastructure.320
Circle2026-07-02 17:31:04Circle CEO Jeremy Allaire Responds to OUSD: Stablecoin Market Is Winner-Takes-All, Alliance Model Doomed to FailAfter the announcement of Open Standard's OUSD stablecoin caused Circle (CRCL) stock to plunge over 17%, Circle CEO Jeremy Allaire published a detailed rebuttal. He argues that stablecoin networks are platform businesses with strong network effects, leading to a winner-takes-all market structure. Citing data from Artemis, USDC processed nearly $30 trillion in on-chain transaction volume in Q1 2026, accounting for 80% of all dollar-denominated stablecoin transactions, while all other non-USDT stablecoins combined accounted for less than 0.5%. Allaire criticizes OUSD's promises of free minting/redeeming and its alliance model, stating that such approaches are impractical and historically unsuccessful. He emphasizes Circle's decade-long investments in application integrations, global liquidity, and regulatory compliance as insurmountable moats.1880
Stripe2026-07-02 06:18:11Stripe's Stablecoin Ambition: OUSD Signals Shift from Asset Competition to Network CompetitionStripe launches OUSD, a stablecoin issued by Open Standard and backed by partners including Visa, Mastercard, and Google. With shared governance and yield models, OUSD becomes Stripe's default platform stablecoin, directly challenging Circle's USDC. This move signals that stablecoin competition is transitioning from asset reserves to network effects and payment infrastructure.480
Stripe2026-07-02 06:18:11Stripe Launches OUSD Stablecoin: Competition Shifts from Assets to Networks, Targeting CircleStripe has officially launched OUSD, a stablecoin issued by Open Standard, with partners including Visa, Mastercard, and Google. OUSD adopts a shared governance and revenue model and is set as the default stablecoin on Stripe's platform. This move signals an escalation in stablecoin competition from asset-level reserves to network effects and infrastructure integration, directly challenging Circle's USDC dominance. Stripe aims to reshape global payment infrastructure through OUSD.490
Stripe2026-07-02 06:18:11Stripe Launches OUSD: Stablecoin Competition Shifts from Assets to Networks, Challenging CircleStripe has introduced OUSD, a stablecoin issued by Open Standard, with partnerships including Visa, Mastercard, and Google. OUSD features shared governance and revenue-sharing, and is set as the default stablecoin on Stripe's platform. This move signals a shift from asset-based competition to network ecosystem rivalry, directly challenging Circle's dominance and aiming to reshape global payment infrastructure.350
stablecoin2026-07-01 06:54:42140 Giants Including Visa and Mastercard Back Open Standard's OUSD Stablecoin; Market Impact Seen as LimitedOpen Standard has launched OUSD, a stablecoin backed by 140 enterprises including Visa and Mastercard. OUSD adopts a collaborative management model and distributes protocol revenues to participants. Despite the strong partner network, analysts believe OUSD will struggle to challenge the dominance of USDT and USDC. The launch marks a significant step by traditional financial giants into stablecoin infrastructure, potentially boosting global stablecoin adoption.1220
