Exchanges· ★★★★· neutral·

Zach Abrams to leave Stripe to lead Open Standard and speed up OUSD launch

  • —Abrams had served as Open Standard's interim CEO since June 2026 while still at Stripe
  • —Stripe acquired Bridge in 2025 for about $1.1 billion
  • —Founding partners include Visa, Mastercard, Coinbase, Shopify and Stripe
  • —The project anticipates over $1 billion in launch liquidity for OUSD
Why it matters: A new issuer backed by payments giants could intensify competition with USDC and USDT and reshape the economics of stablecoin issuance.
Source: DiarioBitcoin