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USD stablecoin OUSD launches with backing from Visa, Mastercard, and Stripe
October 3, 2026 at 4:01 AM ET
What happened
The USD stablecoin OUSD has officially launched. Visa, Mastercard, and Stripe are linked to the initiative, which includes a commitment of more than $1 billion in liquidity. The launch aims to target the next batch of enterprise transactions that are not yet on-chain.
Why it matters
Participation from major payment networks like Visa, Mastercard, and Stripe alongside substantial liquidity deployment highlights institutional and infrastructure backing for stablecoins targeting enterprise-level transactions.
Sources · 3
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