Open Standard’s OUSD stablecoin has reached a market cap of $666.3 million with $2.6 billion in transfer volume since its launch on September 30, 2026. The token has only 554 holders despite handling significant sums of money. Founding partners Coinbase, Mastercard, Shopify, Stripe and Visa each hold equal equity stakes and have committed over $1 billion toward initial liquidity. The token is issued by Bridge, the stablecoin infrastructure company Stripe acquired in 2024 for $1.1 billion. Reserves are held with BlackRock, Lead Bank and BNY.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
