Major Payment Giants Visa, Mastercard, and Stripe Unite Behind New OUSD Stablecoin

Key Highlights

• Over 140 corporations including Visa, Mastercard, and Stripe support the OUSD stablecoin initiative
• Consortium-driven governance replaces traditional single-issuer control structure
• Zero-fee minting and redemption model eliminates direct transaction costs for businesses
• Primary focus includes corporate payment systems, settlement operations, and treasury management
• Major South Korean corporations like Samsung, Dunamu, and Shinhan participate in the initiative

On June 30, 2026, Open Standard unveiled OUSD with endorsement from Visa, Mastercard, Stripe, and over 140 corporate partners. This initiative focuses on enterprise-scale payment infrastructure and settlement solutions, employing a collaborative governance framework rather than centralized control. The platform offers zero-cost token issuance and redemption, potentially streamlining stablecoin adoption across corporate environments.

Collaborative Governance Model Defines OUSD Framework

Open Standard unveiled OUSD as a consortium-driven digital dollar initiative. The alliance encompasses payment processors, financial institutions, tech enterprises, cryptocurrency exchanges, and blockchain service providers. This launch bridges conventional finance with digital asset ecosystems through unified operational infrastructure.

Unlike traditional stablecoins controlled by singular entities, OUSD operates through a partner-governed board system for strategic oversight. This framework provides member organizations with meaningful input on governance matters and strategic development.

The model distributes reserve income among participating organizations following operational expenses. Consequently, partners obtain tangible financial incentives tied to broader market penetration. This arrangement encourages active promotion since member firms benefit directly from ecosystem expansion.

Leading Payment Processors Anchor Extensive Corporate Coalition

Among Open Standard’s supporters, Visa, Mastercard, and Stripe represent the most prominent payment industry players. Their participation establishes robust connections to worldwide payment infrastructure and commercial networks. This involvement reflects growing institutional appetite for stablecoin-based settlement mechanisms.

Additional consortium members feature BlackRock, BNY, Coinbase, Google, IBM, Ripple, OKX, and Standard Chartered. The roster extends to BBVA, DBS, Mizuho, MoonPay, Rakuten Group, and Crypto.com. OUSD launches with comprehensive backing spanning banking, payment processing, technology sectors, and cryptocurrency services.

South Korean members comprise Samsung Electronics, Hanwha Group, Dunamu, and Shinhan Financial Group. The Korean contingent also features K-Bank, KB Kookmin Card, Samsung Card, BC Card, and Hana Card. Hyundai Card, NH Nonghyup Card, and Woori Card complete the regional partnership lineup.

Corporate Settlement Infrastructure Emphasizes Cost Efficiency

Open Standard architected OUSD for cost-effective, high-capacity stablecoin operations. Organizations can create and redeem tokens without transaction charges, based on release specifications. This characteristic holds particular significance for payment processing, treasury functions, and settlement workflows.

The platform eliminates predetermined supply caps. OUSD circulation can grow proportionally with rising commercial demand. This methodology seeks to accommodate substantial transaction volumes without imposed supply constraints.

OUSD deployment remains planned for late 2026. Upon launch, it will compete directly with dominant stablecoins like USDT and USDC. Open Standard frames OUSD as collaborative enterprise infrastructure rather than a centrally controlled financial instrument.