DeFi· ★★★★· bullish·

Stripe-backed Open USD goes live on Tempo with $400M liquidity

  • —OUSD launched on Tempo with over $400M in liquidity
  • —OUSD reserves are held at BlackRock, Lead Bank, and BNY
  • —Zero mint and redeem fees with no volume caps
  • —140–200 businesses participate in OUSD's framework, reportedly including Visa, Mastercard, and Coinbase
Why it matters: Stripe deepens its push into enterprise stablecoin payments, potentially accelerating business adoption of onchain settlement.
#USDC
Source: Crypto Briefing
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