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Wire · operational-macro

Stripe linked Open USD stablecoin goes live with Visa, Mastercard as backers

1 October 2026 · By · Wire by Fusion42

Published

1 October 2026

Topic

operational-macro

◆ Sectors

Fintech

◆ Geography

United States

◆ Source

Read at ledgerinsights.com →

◆ Verified

Fusion42 · 1 October 2026 · Fusion42 review

The Open USD (OUSD) stablecoin has launched with backing from major partners including Stripe, Visa, Mastercard, Coinbase, and Shopify, supported by over 200 partners and 52 banks. The stablecoin starts with $468 million market capitalization and features reserve earnings shared with partners, aiming to enable payments, trading, wallets, and card use cases.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ ◆ The Wire takeaway

You face a new payment rail powered by Stripe and Visa that shares reserve earnings and unlocks vast bank-backed liquidity. This changes where you route payments and manage stablecoin holdings in fintech services today.

◆ Coverage

1 source · 1 Oct 2026

◆ Related on Wire

◆ Topics

Fintechstablecoinpaymentsstripevisamastercardfintech-innovation