Today we announced Open USD together with Visa, Mastercard, Coinbase, BlackRock, BBVA, Shopify, DoorDash, and 140+ other partners.
Much like the mobile industry needed Android, financial services needs Open USD to scale stablecoin adoption.
The stablecoin space has come a long way since we started Bridge nearly 5 years ago. Total volume is now approaching that of the ACH network and nearly every major financial institution from banks to fintechs is leaning in.
But cost and governance have limited utility and put core payments use cases out of reach. Businesses need a stablecoin that's open, low-cost, high-throughput, broadly accessible, and aligned to their interests.
We'll be launching later this year.
Visit joinopenstandard[.]com to learn more and participate.
🔥 BIG: Open Standard announces Open USD $OUSD, a stablecoin backed by 140+ partners including Visa, Stripe, Mastercard, BlackRock, Google and Coinbase.
Bringing $OUSD to @StellarOrg makes perfect sense. Stellar has been powering stablecoins for every corner of the world since 2017.
It’s not new tech. Proven, battle‑tested infrastructure built exactly for this kind of accessible financial future.
Inclusive global finance is being developed one integration at a time.
#Stablecoins
The logical thing to do is sell your $XRP for stellar:native.
$XLM Has Half the supply.
Native Smart contracts.
Stronger Institutional adoption (DTCC, Visa, PayPal, U.S Bank. etc.).
Enterprise-grade privacy.
Built on utility, not influencer’s marketing.
DTCC is bringing tokenized assets to Wall Street on Stellar. MoneyGram is scaling stablecoins globally on Stellar.
Tomorrow, we're talking about what that means for builders.
@faraj_abut on the ground in Dubai with @CV_Labs and Elixir Capital.
Details:
https://t.co/7eaTntbvrD
$XLM has flipped $ZEC and entered the Top 10 crypto assets (excluding stablecoins).
This comes after The DTCC selected Stellar $XLM as part of its efforts to bring tokenized assets to Wall Street.
The Stellar network is designed to plug into traditional financial systems, extending their capabilities and enabling new efficiencies.
@The_DTCC is the backbone of the global capital markets. Our role in this partnership is to make that backbone stronger than ever.
🇧🇲 JUST IN: Bermuda begins moving payment and financial services onchain via the Stellar network as it aims to become the world’s first fully onchain economy.
@WatcherGuru 100.000 invested in 2015
Eth = 460 million today
Nvidia = 60 million today
How stupid are this kind of takes in a “time window” to fit narrative
XRP is a digital asset native to the XRP Ledger, a decentralized public blockchain designed for fast, low-cost transactions.
wXRP is live on Solana via @Hex_Trust and @LayerZero_Core, verify the token address on @tokens: https://t.co/1RaxyHAbMT