Consortium stablecoin OUSD launches on Ethereum, Base, Solana and Tempo
- —OUSD is natively issued on Base, Ethereum, Solana and Tempo
- —Fee-free 1:1 mint and redemption via Coinbase, Mastercard, Stripe and Visa
- —BlackRock, Lead Bank and BNY custody the reserves
- —Reserve yield is shared among 200+ consortium partners
Why it matters: The consortium model with shared reserve yield challenges USDT and USDC, though real demand remains unproven.
Source: CoinPost