Independent company behind the Open USD shared stablecoin
Open Standard is an independent company that designs and operates Open USD (OUSD), a dollar-pegged stablecoin intended as shared infrastructure for payments, trading, and other money-movement use cases. Public materials describe open governance among participating companies, reserve management at major financial institutions under U.S. regulatory requirements, and an economic model that shares most reserve revenues with distributors. Founding partners named in public announcements include firms such as Coinbase, Mastercard, Visa, Shopify, and Stripe; Open USD is planned to launch later in 2026.