TREE NEWS update: Open Standard’s dollar stablecoin, Open USD, went live Wednesday on Ethereum, Solana, Base and Tempo, issued by Stripe’s Bridge. Stripe, Visa and Mastercard are opening the stablecoin to businesses, with Coinbase access beginning Oct. 1.
Open USD Stablecoin Launches on Ethereum, Solana, Base and Tempo
Related Coin Charts
AI take
The notable move here is distribution, not another dollar token: a payments-native issuer backed by Stripe and card-network partners is pushing a stablecoin straight into business payment rails, with Coinbase access following. That places Open USD in competition with existing dollar stablecoins less on crypto trading venues than on merchant settlement and treasury flows. The open question is whether card-network and exchange distribution translates into genuine payment volume rather than idle balances, and how incumbents respond on the same rails.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
1h ago
Robinhood Q3 transaction-based revenue $867M, below $874.3M estimate
2h ago
CFTC Sues Utah to Block State Action Against Kalshi Prediction Markets
2h ago
Dormant Whale Buys 123,055 HYPE Tokens Worth $10.02M from Wintermute
2h ago
Whale deposits 366.97B PEPE worth $1.64M to Coinbase
2h ago
Bitwise BHYP ETF wallet receives 47,390 HYPE worth $3.71M after unstaking
2h ago
Predict.fun Completes Refunds to Affected Users