Open Standard's OUSD leads stablecoin market cap growth with $794M gain
- —OUSD launched September 30, 2026 on Ethereum, Base, Solana and Tempo
- —Market cap rose from about $468 million at launch to roughly $828 million by October 28
- —About 64% of OUSD supply, over $500 million, sits on Tempo
- —Reserves are held at BlackRock, Lead Bank and BNY Mellon with monthly attestations
Why it matters: OUSD's rapid growth signals that payments giants can challenge USDT and USDC in settlement flows.
Source: Crypto Briefing