What Is OUSD? Visa's Stablecoin Pick Over Tether, Circle

Tue, 11 Aug 2026 07:38:05 +0000

OUSD, short for Open USD, is a new dollar-pegged stablecoin backed by more than 160 companies — including Visa, Mastercard, Stripe, BlackRock and Coinbase — and it just became the first stablecoin natively supported on Visa’s new stablecoin infrastructure platform. Unlike Tether’s USDT or Circle’s USDC, OUSD is designed to share its reserve income with the businesses that distribute it, rather than let a single issuer keep it.

Visa on Digital Asset Radar

What Is OUSD? Visa's Stablecoin Pick Over Tether, Circle