The Core Team of Pi Network announced a partnership with Open Standard, the company behind the Open USD (OUSD) stablecoin, just hours after its official launch on September 30. OUSD has heavyweight backing from Visa, Coinbase, Mastercard, and Stripe, with over 200 financial and technological partners and over $1 billion in launch liquidity. The stablecoin’s reserves are held by BlackRock, Lead Bank, and BNY Mellon, and the asset is available on Ethereum, Solana, Base, and Tempo through platforms like Coinbase, Kraken, and Uniswap. Pi Network is exploring bringing OUSD-based rewards and broader utility to its vast Pioneer ecosystem, though details remain scarce.
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