OpenUSD: What Happens When Visa, Mastercard, BlackRock, and Stripe Build Their Own Stablecoin Together?

August 9, 2026

When Open Standard announced OUSD, a stablecoin that doesn’t even exist yet wiped roughly a sixth off a public company’s value in one afternoon. On June 30, 2026, a company called Open Standard announced Open USD with more than 140 partners. Circle, the issuer of USDC, fell arou…