Open USD backed by Blackrock, Visa, Mastercard, Stripe, Google, BNY Melon and more is coming to the Stellar network

Open USD is a stablecoin built for the internet economy, designed by the businesses growing it. It will go live across Stellar, Base, Solana, Polygon and other chains later in 2026, with Bridge co-founder Zach Abrams as interim CEO. Businesses across industries have signed up to use Open USD, including: Visa, Stripe, Mastercard, Adyen, Google, IBM, Shopify and many others.

Learn more: https://joinopenstandard.com/blog/introducing-open-usd

Existing stablecoins have great strengths, but to use them at scale, businesses need something that’s open, low-cost, high-throughput, broadly accessible, and aligned to their interests. We’re thrilled to bring together over 140 businesses to launch Open USD. It’s a stablecoin built for the internet economy, designed by the businesses growing it.
– Zach Abrams Founding CEO of Open Standard

Open USD is a meaningful step forward in stablecoin infrastructure that’s designed to be collaboratively governed, economically shared, and built for scale from day one. At the Stellar Development Foundation, we’ve always believed that open financial networks create the most durable value when participation, innovation and governance spans across the ecosystem.
Open USD is compelling precisely because it enables institutions to participate not just as users, but as contributors to a shared ecosystem. This unlocks the next phase of stablecoin adoption: infrastructure that multiple organizations integrate with, operate, and grow.
– Denelle Dixon, CEO and Executive Director, Stellar Development Foundation

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