Mastercard, Stripe, Visa and Coinbase Back Open USD, a Stablecoin That Changes How Reserve Income Is Shared

On Wednesday, Sep. 30, a 140-member consortium called Open Standard launched Open USD, or OUSD, with backing from Stripe, Visa, Mastercard, Coinbase and Shopify. The important part is not the token itself — it is the economics: reserve earnings are designed to flow back to participating businesses, minus a management fee,