Stripe Makes Open USD (OUSD) the Default Stablecoin Across Its Platform

Stripe has launched support for Open USD (OUSD) across its products, establishing it as the default stablecoin configuration. OUSD is a new stablecoin from Open Standard designed for global money movement, enabling businesses to transact using internet-native payment rails.

Integration and Features

Businesses can use OUSD to receive, hold, send, and spend funds via Treasury, build global card programs with Issuing, and pay recipients through Global Payouts. Additional capabilities include offering fiat-to-OUSD conversions via Crypto Onramp and accepting OUSD through Payments. The integration offers low, predictable transaction fees with no costs for minting or burning tokens.

Ecosystem and Partners

OUSD is supported by Open Standard’s founding companies, including Coinbase, Mastercard, Shopify, Stripe, and Visa, along with more than 200 network partners. It integrates with Bridge for orchestration APIs to convert between OUSD, fiat, and other stablecoins, and with Privy for digital wallet experiences. Finance platform Ramp will soon use Stripe to power stablecoin accounts allowing users to hold OUSD balances and earn rewards.

Availability and Flexibility

While OUSD is now the default, Stripe continues to support alternative stablecoins across various blockchains, including Base, Ethereum, Solana, and Tempo. Users are not required to convert existing stablecoin balances to OUSD, maintaining flexibility to choose infrastructure based on cost and settlement speed needs.