1 entry
Open USD Goes Live on Stripe
Open USD Launches as Stripe's Default Stablecoin, With Equity-for-Usage Model
Open USD launched as Stripe's default stablecoin per The Defiant, with Mastercard, Visa and Coinbase integrations cited and the Coinbase-backed token live on Ethereum, Solana and Base. Circulating value reportedly passed $470 million within two hours, over 90% on Tempo Chain. CoinDesk reports the model distributes equity to platforms using the coin — distinct from Tether and Circle's reserve-yield economics.
5 sources
- Open USD Launches as Stripe's Default Stablecoin · thedefiant.io · T2
- OUSD’s circulating value surpassed $470 million within two hours of its launch, with more than 90% of that total on the Tempo Chain. · lookonchain.com · T2
- Inverting the Stablecoin Tax: OUSD and the Equity-for-Usage Play · forkast.news · T2
- Open USD takes on Tether, Circle with a different stablecoin model that's 'building money' · coindesk.com · T1
- Coinbase-Backed OUSD Stablecoin Goes Live On Ethereum, Solana, Base · coingape.com · T2