Open Standard, backed by 140+ firms including Stripe, Visa, and Mastercard, launches OUSD, a dollar stablecoin that distributes reserve yield to partners.

DeFi & Yields · 2026-09-30

Open Standard, an initiative backed by 140+ organizations including Stripe, Visa, and Mastercard, has launched OUSD, a dollar stablecoin designed to share reserve yield with its partners. The stablecoin aims to distribute returns generated from its reserves among participating firms in the network.

Previously on Telem

Bridge launches OUSD stablecoin with $1B liquidity commitment 2026-10-01
Open Standard appoints Zach Abrams CEO, names five founding partners 2026-09-24
Stripe and Visa-backed Open Standard launches dollar stablecoin 2026-09-30
AI agents drive 70% of Stripe API usage amid identity verification gaps 2026-09-28
Bridge co-founder Abrams leaves Stripe to lead Open Standard 2026-09-25