Kraken lists Open USD (OUSD) stablecoin for trading
- —Kraken opened OUSD funding and trading on September 30, 2026
- —OUSD targets banks, payment providers, fintechs, marketplaces and exchanges
- —Minting and redemption are fee-free, with most reserve revenue going to distributors
- —Kraken App and Instant Buy trading will follow once liquidity conditions are met
Why it matters: The listing of a business-focused stablecoin on a major exchange intensifies competition in the corporate payments stablecoin segment.
Source: Kraken Blog