$OUSD is live.
Build with OUSD via @Coinbase@Mastercard@Stripe and @Visa. Each integration path supports 1:1 USD conversion at no cost.
Read the announcement: https://t.co/177w9TlM77.
Now live: $OUSD
$OUSD (@openstandard) is Open USD, a US dollar stablecoin designed for global money movement.
Start trading today → https://t.co/WXlFkN5lZh
OUSD from Open Standard is live on Uniswap
A new stablecoin for global money movement, supported by over 200 partners including @visa, @mastercard, @coinbase, and @stripe
Uniswap joins the network as a critical execution layer for OUSD, with millions in liquidity from day one
$OUSD is live, and we're proud to join @openstandard as a launch partner.
BlindPay is bringing $OUSD to local payments in 100+ countries so businesses can pay and get paid wherever they operate.
Open Standard, $OUSD, is now live!
Open Standard is a new USD stablecoin with a very large network of participating partners (https://t.co/DLdavkVEL3). It's designed to be exceptionally secure, reliable, and developer-friendly. Importantly, most yield is shared directly with partners rather than being internalized by the stablecoin issuer.
Stripe is adopting OUSD in a number of core product flows.
We at @tryramp are excited to work with the OpenStandard team to make it easier for businesses to move and store money globally.
A few things we're excited about:
1/ Reserves are shared by default. This means that most of the value accrues not to the asset issuer but to the users of the ecosystem, which aligns incentives between the issuer, distributor, and end customers.
2/ Free minting & redemption. This is a phase shift which enables much more massive scale because it brings the marginal cost of using stables close to 0.
3/ Integration with fiat systems: Stripe, Visa, and Mastercard are founding members of OpenStandard and will accept OUSD as a default. This is massive for the digital asset ecosystem because the last mile (integration with bank accounts and legacy players) is still the hardest. OUSD removes the obstacle.
4/ Independence: OpenStandard is a consortium, not a company that answers to shareholders. Their incentive is to boost adoption of their assets and not to maximize revenue. That was the only model that was going to achieve ubiquity in this space.
We look forward to bringing more open global money to all businesses on Ramp.
Open USD (OUSD), the new stablecoin from Coinbase, Mastercard, Stripe, Visa and others launches today.
Excited to have over $400M of launch liquidity on Tempo!
Great to see @openstandard launch OUSD today.
We are integrating OUSD into the Visa Stablecoin Platform and look forward to making it available to our partners.
OUSD is live
Build with OUSD at Stripe/Bridge, Mastercard (BVNK), Visa’s VSP & Coinbase
Stablecoins should be better money. Today, they fall short. OUSD is built to change that.
We’re off to a great start. The network will get stronger every day
Build: https://t.co/7ND2fmvWjs
The internet became more useful as open infrastructure made information easier to move. Money is heading in the same direction.
Great to see OUSD go live and @openstandard continue building toward that future.
$OUSD is now live, letting teams build with and use stablecoins as easily as fiat.
Turnkey is proud to be a member of @openstandard, providing secure, programmable wallet infrastructure for the internet economy.
A proposal to onboard @openstandard's OUSD to Aave V3 Core and Aave V4 Core is live.
OUSD is a new stablecoin purpose-built for use cases across banking, cross-border payments, institutional trading, and more.