Earn by default
All reserve income flows to Open Standard partners, less a small management fee — not to a single issuer.
Open Standard · OUSD is live
The dollar
is open.
A fully reserved dollar stablecoin whose reserve income belongs to the network that moves it. Free to issue. Free to redeem. Live on four chains.
- In circulation
- $468M
- Network partners
- 200+
- Chains
- 4
- Settlement
- 24/7
Founded with
VisaStripeMastercardShopifyCoinbase
Closed money vs. open money
Most stablecoins
keep the float.
This one shares it.
Existing stablecoins have real strengths. But at scale, businesses need something open, low-cost, high-throughput and aligned to their interests.
Free at the edges
Issue and redeem 1:1 at no cost and with no volume limits, through Stripe, Visa, Mastercard and Coinbase.
Governed with you
An independent company with a board made up of OUSD's partners — decisions made for the collective interest.
Open Standard design principles · published 30 June 2026
The mechanics
Three moves.
One open dollar.
- 01
Issue
Convert dollars to OUSD at 1:1 — free, with no volume limits.
- 02
Move
Settle 24/7 on Ethereum, Solana, Base or Tempo — sub-cent fees on Tempo.
- 03
Earn
Reserve income is shared with the network that issues and moves OUSD.
Get OUSD
Buy crypto.
Issue OUSD.
Use a card or bank account to buy crypto, then issue OUSD 1:1. Powered by Stripe.
Shared Payment Issued Tokens
Share a payment method.
On your terms.
Mint a limited-use issued token against a PaymentMethod and share it with another Stripe account to process payments — on Stripe or off.
Result
Create a token to see it here.
The network
Built by a network,
not an issuer.
OUSD launched with 140+ banks, fintechs, payments companies and chains — and the network has kept growing.
VisaStripeMastercardShopifyCoinbase
AdyenKlarnaBlackRockBNYStandard CharteredUBSSBI HoldingsRampCheckout.comWorldlineRemitlyNiumMarqetaFireblocksSolanaBaseTempoCoinbase
Selected partners from the Open Standard network · October 2026
Open · 12 November 2026
Live now · 12 November 2026
Launch recap · 12 November 2026
One open day.
We're live.
The dollar is open.
We're opening the dollar to the internet economy. Join us in San Francisco or on the livestream for the first live payments on OUSD.
The launch is streaming now — watch the first live payments on OUSD, live from San Francisco.
On 12 November 2026, OUSD opened to the internet economy. Here's the launch, the first live payments, and the network behind the dollar.
First live payments
Livestream begins in
--Days
--Hours
--Minutes
--Seconds
The dollar is open.