Open Standard Introduces OUSD Stablecoin for Low-Cost Business Payments

Highlights:

• Open Standard introduced Open USD to help businesses move digital money at lower costs.
• The stablecoin will offer free minting and redemption, shared reserve earnings, and partner-led governance.
• Over 140 firms joined Open USD, which is expected to launch later this year.

Open Standard has introduced Open USD (OUSD), a new stablecoin built for global business payments and digital money movement. In an official blog post on June 30, the firm said the stablecoin is designed to help businesses move money at scale with lower costs and shared economic benefits.

OUSD is being launched at a time when stablecoins are becoming more common in payments, crypto trading, remittances, and online business. A stablecoin is a digital token that is usually linked to a traditional currency, such as the U.S. dollar. Its main purpose is to keep a steady value while allowing money to move quickly on digital networks.

According to Open Standard, many businesses still face problems when using existing stablecoins. The company pointed to high minting and redemption costs, limited access to earnings from reserves, and dependence on issuers that may not always meet the needs of developers or business users.

Introducing Open USD: a stablecoin built for the internet economy, designed by the businesses growing it.https://t.co/jqgDRs6mKf

— Open Standard (@openstandard) June 30, 2026

OUSD Stablecoin Aims to Reduce Costs for Businesses

Open Standard said Open USD will be built around three main ideas: scale, shared earnings, and joint governance. Businesses will be able to mint and redeem Open USD at no cost and without artificial limits on volume.

The company also said partners will receive earnings from Open USD’s reserves after a small management fee is used to cover operating costs. This model gives partners a more direct role in the financial benefits created by the stablecoin.

Governance is another important part of the project. Open USD will be operated by Open Standard, an independent company. Its board will include Open USD partners, so decisions are expected to reflect the wider group rather than one single company. Zach Abrams, founding CEO of Open Standard, said businesses need a stablecoin that is “open, low-cost, high-throughput, broadly accessible, and aligned to their interests.”

More Than 140 Businesses Sign Up for OUSD

Open Standard said more than 140 businesses have signed up to use Open USD. The list includes major names from payments, banking, technology, and crypto. Visa, Stripe, Mastercard, American Express, BlackRock, BNY, Coinbase, Ripple, Gemini, Fireblocks, Shopify, Google, Samsung Electronics, and many others were named in the announcement.

The partner list shows that Open USD is not being positioned only as a crypto trading product. It is being presented as payment infrastructure for companies that move money across borders, serve merchants, support digital wallets, or build online financial tools.

Open USD is not live yet. Open Standard said the stablecoin will launch later this year, but it did not give an exact launch date. For now, the announcement explains the project’s design, partner base, and business model.