Bullish
Open USD stablecoin launches on Solana, enhancing enterprise adoption
Open USD (OUSD), a new stablecoin from Open Standard, has been launched on the Solana blockchain, aiming to facilitate seamless enterprise transactions. This initiative is backed by major corporations, including Coinbase, Mastercard, Shopify, Stripe, and Visa, each contributing over $1 billion to establish OUSD liquidity. The stablecoin is issued natively on Solana, ensuring direct integration without the need for wrapped versions.
Key points
- Open USD stablecoin launches on Solana, enhancing enterprise adoption
- OUSD is issued natively on Solana, ensuring direct integration without wrapped versions
- Major corporations, including Coinbase, Mastercard, Shopify, Stripe, and Visa, back OUSD with over $1 billion each
Sources
AI-generated from public news sources. Not financial advice.
