- Open USD draws support from 140+ major firms for business payments and on-chain finance.
- OUSD would share revenue with Open Standard partners under a governed stablecoin model.
- Solana, Plasma, Polygon, Aptos, and Ledger joined the Open USD multichain rollout plan.
Open Standard is preparing Open USD as a partner-governed stablecoin for business payments and on-chain finance. The project has attracted more than 140 companies. Backers include BlackRock, Coinbase, Mastercard, Stripe, Visa, Ripple, Aave, Crypto.com, Ledger, Polygon, Aptos Labs, Solana, Plasma, and Stellar.
OUSD would operate under Open Standard’s governance. The independent entity would share revenues with its member partners.
Open Standard Gains Support From Payment and Crypto Firms
Companies involved in the effort described Open USD as shared infrastructure for digital money. The statements focused on business use, lower costs, interoperability, and broader stablecoin adoption.
Stellar said Open USD from Open Standard is coming to the Stellar network. The organization said the stablecoin is backed by Visa and Mastercard.
According to Stellar, Open USD is designed for businesses that need open, low-cost, high-throughput rails. It also highlighted the asset as broadly accessible and built to scale.
Aave platform said Open USD is governed by the businesses that use it. Aave added that more companies are moving financial services on-chain. It said it is supporting the project alongside Stripe, Visa, Mastercard, Coinbase, Google, and other partners.
Ripple linked its role to institutional adoption. The company said stablecoins are transforming how value moves, while interoperability remains important for scale.
The platform said it joined Open USD as a day-one integration partner. It said the move supports its commitment to open, multichain infrastructure across the digital asset ecosystem.
Payment firms also framed the project as part of a wider infrastructure shift. Mastercard said stablecoins are becoming an increasingly important part of global finance.
The company said it is supporting Open Standard and Open USD to help build more open infrastructure for digital money. Mastercard added that stablecoins need trusted networks, broad participation, and industry collaboration.
Stripe gave a direct business-use signal. The company said it would make Open USD the default stablecoin for businesses using stablecoins on Stripe, with the feature coming soon.
However, Crypto.com described the launch as a step change for the stablecoin ecosystem. It said Open USD would be operated by Open Standard and managed through a collaborative model. Crypto.com said it looks forward to the launch later in the year.
Blockchain Networks Line Up Behind Open USD
Blockchain networks also confirmed support. Solana said Open USD would launch natively on Solana from day one.
The platform described the stablecoin as shared infrastructure owned and governed by partners. It said the model has no mint or redeem fees, no volume caps, and returns nearly all reserve economics to businesses building with it.
However, Plasma said Open USD is coming to its network. The platform called it a new standard for global stablecoins and said its chain is built for stablecoin payments.
Polygon said OUSD is coming to Polygon. The network said Open USD returns reserve economics to the businesses distributing it and could help more firms build on internet-native rails.
Aptos Labs said it joined Open Standard as a launch partner after Aptos stablecoin market cap reached more than $2 billion in June. Ledger also joined as a launch partner and tied its support to verifiable user control through Clear Signing.
Partner comments show Open USD entering the stablecoin market with backing from payment companies, crypto platforms, wallets, and blockchain networks. Open Standard is building the project around business governance. Its model also focuses on shared economics and multichain distribution.
Related: Stablecoin Demand Cools After Strong 2025 Market Growth Cycle
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