140 global businesses sign up to use new stablecoin OUSD from Open Standard
- Tokenization Insight
- Jun 30
- 2 min read
140 global businesses sign up to use new stablecoin OUSD from Open Standard, including:
Payment Firms: Visa, Stripe, Mastercard, American Express, Discover, Fiserv, Adyen, Cloudflare, Corpay
Banks: BNY, DBS, US Bank, OCBC, BBVA, Chime
Financial Institutions: BlackRock, Intercontinental Exchange
Conglomerates: Google, Samsung, IBM, Shopify,
Digital Asset Firms: Coinbase, OKX, Ripple, Morpho
➡️ Why this matters
Stablecoins are emerging as one of the largest growth markets in digital finance. Yet the industry's economics and governance have largely been concentrated in the hands of two issuers: Circle and Tether.
Open USD introduces a fundamentally different model.
Rather than charging businesses to mint and redeem stablecoins, Open USD says participants will be able to mint and redeem OUSD with no fees or volume limits. After a small management fee, most of the reserve income will be distributed back to participating businesses.
This changes the commercial equation.
Instead of simply using a stablecoin network, banks, payment providers and fintechs can directly participate in the economics created by the ecosystem they help grow.
The size and quality of the initial participants suggest there is strong institutional demand for a more neutral governance model and a broader distribution of value.
Alicia Pertusa, Head of CIB Partnerships & Innovation at BBVA: "By bringing stablecoins to our retail and corporate clients, we are fundamentally changing how money moves—making financial transactions frictionless and available 24/7."
Samara Epstein Cohen, Global Head of Market Development at BlackRock: "We believe stablecoins can play an important role in the evolution of digital markets when supported by trusted infrastructure and practical utility. Open USD is a constructive step toward giving businesses more choice in how they access tokenized value and participate in internet native digital rails."
Carolyn Weinberg, Chief Product and Innovation Officer at BNY: "A stablecoin with neutral governance and shared economics is a unique combination that has potential to unlock the next phase of digital assets growth."
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