Bridge Launches OUSD Stablecoin for Global Payments
Open Standard’s OUSD is now live on four blockchains, offering businesses fee-free minting and redemption and a model that shares rewards with network participants.
Stablecoins are increasingly being positioned as payment infrastructure rather than simply crypto trading assets. The latest example is Open USD (OUSD), a new dollar stablecoin launched by Open Standard and issued by Bridge, a Stripe company, with an initial focus on high-volume business payments.
According to Bridge’s announcement, OUSD went live on Base, Ethereum, Solana and Tempo on September 30. The project is backed by an Open Standard network founded by Coinbase, Mastercard, Shopify, Stripe and Visa, alongside more than 200 partners.
Why Open Standard Created Another Stablecoin
OUSD is designed around a specific problem: the economics of moving large amounts of money globally.
Rather than treating businesses primarily as users of an issuer’s stablecoin, Open Standard’s model is intended to give participating companies a role in the network’s economics. Businesses can access OUSD without additional minting or redemption fees, while qualifying network participants can earn rewards based on their contribution and OUSD activity.
This structure is also reflected in Open Standard’s governance. The organization is independently governed, with a board representing its shareholders rather than being controlled by a single company.
For businesses moving money at scale, the combination of predictable transaction costs, fee-free minting and redemption, and participation in the network’s economics is intended to differentiate OUSD from simply adopting an existing dollar stablecoin.
How Businesses Can Use OUSD
OUSD is available to a broad range of businesses, including financial institutions, fintech companies, merchants, exchanges and DeFi businesses.
Open Standard says network partners can access OUSD through Bridge, with support spanning:
- Payment orchestration
- Wallets
- Cards
- Foreign exchange (FX)
Bridge also says it will not impose liquidity restrictions intended to delay minting or redemption. Its infrastructure is designed to let businesses integrate stablecoins into existing financial systems rather than manage separate crypto infrastructure themselves.
“Our goal is to help businesses use OUSD as seamlessly as fiat and unlock the advantages of stablecoins for themselves and their customers,” Bridge said in the announcement.
In July, CryptoPulse.News reported that Visa had launched a new enterprise platform that enables financial institutions to manage stablecoins through a single infrastructure, with OUSD set to become its first supported digital asset.
Stripe has also integrated OUSD across its stablecoin stack, allowing businesses to receive, hold, send and spend the asset through products including Treasury, Issuing and Global Payouts. OUSD is additionally supported through Stripe’s Crypto Onramp and Payments products.
What Is Bridge?
Bridge is a stablecoin infrastructure company acquired by Stripe in 2025. It provides APIs and infrastructure for businesses to issue, hold, convert, send and receive stablecoins.
The company says it has already issued more than $1 billion across dozens of stablecoins, including OUSD.
Bridge’s regulatory infrastructure is also expanding. The Office of the Comptroller of the Currency granted preliminary conditional approval in February 2026 for Bridge National Trust Bank. However, that entity is not yet operational and does not currently issue OUSD; OUSD is issued by Bridge Building Inc. The OCC approval remains subject to additional requirements and is not final authorization to commence banking operations.
OUSD Targets Business Payments, Not Just Crypto Markets
The launch puts OUSD in a different category from stablecoins primarily associated with trading and DeFi liquidity. Its core proposition is business money movement, with payment networks, financial institutions and fintech infrastructure built into its distribution strategy.
The significance of OUSD will ultimately depend on whether businesses actually adopt it for cross-border payments, settlement, treasury management and other financial workflows. But by combining stablecoin issuance, payment infrastructure and a multi-company economic model, Open Standard is attempting to make the dollar token itself part of the infrastructure businesses use to move money globally.

