Visa and Mastercard Join $1 Billion Bet on Stripe-Backed OUSD
Stablecoin project open usd (OUSD) arrived on Wednesday with more than $1 billion in launch liquidity and a heavyweight cast that includes Coinbase, Mastercard, Shopify, Stripe, and Visa. The twist is in the economics: businesses can mint and redeem OUSD at par without fees or volume caps, while participating companies collect most of the income […]
Key Takeaways
- Stablecoin project open usd (OUSD) arrived on Wednesday with more than $1 billion in launch liquidity and a heavyweight cast that includes Coinbase, Mastercard, Shopify, Stripe, and Visa.
- The twist is in the economics: businesses can mint and redeem OUSD at par without fees or volume caps, while participating companies collect most of the income […]
- Read the full article for additional context and details.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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