Stripe partners with Open Standard to make OUSD available to businesses
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Payments News / Stripe News Maria Nikolova 0 Comments September 30, 2026 Stripe has partnered with Open Standard to make Open USD (OUSD) available to businesses running on Stripe. OUSD will be offered in addition to the existing stablecoin options. OUSD is a new stablecoin built for global money movement created by Open Standard, an independent company founded by Coinbase, Mastercard, Shopify, Stripe, and Visa. Businesses that choose to become an Open Standard partner earn rewards for adopting and transacting with OUSD. The potential for stablecoins to help businesses operate more effectively, while enormous, remains largely untapped. For fintech businesses like remittance companies and global payroll platforms, with a high volume of cross-border transactions, stablecoins are the ideal rail in theory. But in practice, existing stablecoins are cost-prohibitive because they incur highly variable ("mint" and "burn") fees to convert in and out of fiat currencies. OUSD changes that: businesses can convert freely between dollars and OUSD at no cost. Instead, Open Standard charges a small, predictable transaction fee. OUSD, which launched today, is now available to businesses using Stripe. Developers can build fintech products with OUSD using Stripe's APIs, including Bridge orchestration, Privy embedded wallets, and stablecoin cards with Stripe Issuing. Ramp, for example, is an...
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