Open USD goes live but is missing from MiCA register, leaving EU investors in limbo
- —OUSD traded at $0.9995 on October 1, a 0.05% deviation from its peg
- —Issuer Bridge Building S.A. was authorised by Luxembourg's CSSF on July 23, 2026
- —The MiCA register lists 25 issuers and 50 notified white papers, none for OUSD
- —Open Standard's founders are Coinbase, Mastercard, Shopify, Stripe and Visa, with over $1 billion pledged
Why it matters: Without MiCA notification, EU-regulated exchanges cannot legally offer OUSD, capping its liquidity in Europe.
Source: CryptoTicker