Open USD is a new stablecoin built for the internet economy that will be live later this year, operated by Open Standard, and based on three core design principles: scale, economics and governance.
"Existing stablecoins have great strengths, but to use them at scale, businesses need something that's open, low-cost, high-throughput, broadly accessible, and aligned to their interests," said Open Standard founding CEO Zach Abram. "We're thrilled to bring together over 140 businesses to launch Open USD. It's a stablecoin built for the internet economy, designed by the businesses growing it." Businesses across industries have signed up to use Open USD, including Visa, Stripe, Mastercard, and American Express, and ultimately, with its new coin tied to the US dollar, Open Standard is on a mission to accelerate global usage of stablecoins.
What's Driving This Trend
- Internet-native Stablecoins
- Dollar-pegged digital currencies designed for high-throughput online commerce create room for cheaper cross-border settlement and always-on transaction infrastructure.
- Business-governed Payments
- Consortium-led governance models can reshape digital money by aligning stablecoin rules, fees, and access with the needs of merchants, platforms, and financial networks.
- Low-cost Global Settlement
- Stablecoin rails with broad enterprise adoption introduce new possibilities for reducing payment friction across international commerce, remittances, and platform payouts.
Who This Affects Most
- Financial Services
- Banks, card networks, and payment processors face new infrastructure models as stablecoins become viable tools for settlement, treasury, and digital transaction flows.
- E-commerce
- Online marketplaces and merchants gain exposure to faster programmable payments that can simplify global checkout, vendor payouts, and multi-currency operations.
- Enterprise Software
- Payment, accounting, and treasury platforms can embed stablecoin capabilities to support automated reconciliation, real-time liquidity management, and internet-scale commerce.
