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Wire · operational-macro

Payment Giants Launch Open USD Stablecoin to Kill Conversion Fees

30 September 2026 · By · Wire by Fusion42

Published

30 September 2026

Topic

operational-macro

◆ Sectors

Fintech

◆ Geography

United States

◆ Source

Read at pymnts.com →

◆ Verified

Fusion42 · 30 September 2026 · Fusion42 review

Open USD (OUSD), a new stablecoin backed by major payment giants like Stripe, Visa, Mastercard, and Coinbase, has launched to enable businesses to convert dollars to stablecoins and back at no cost, aiming to eliminate conversion fees and streamline money movement.

This Wire brief sits within Fusion42's coverage of Fintech, and 4 sources have reported it between 30 Sep 2026 and 5 Oct 2026.

◆ ◆ The Wire takeaway

Your financial service just got a cheaper alternative to stablecoin payments. You can now integrate a zero-cost conversion stablecoin through major partners like Stripe and Visa to cut fees and attract cost-conscious clients.

◆ Coverage

4 sources · first reported 30 Sep 2026 · latest 5 Oct 2026

◆ Related on Wire

◆ Topics

Fintechstablecoinpayment-giantsconversion-feesfintech-integrationusd-stablecoin