The denial by major firms highlights potential challenges in securing credible partnerships, impacting the perceived stability and trust in OUSD.

Open Standard, backed by 140-plus firms including Visa, Mastercard, BlackRock and Coinbase, unveiled Open USD (OUSD), a partner-governed stablecoin launching later in 2026.

Over 140 companies including Visa, Mastercard, BlackRock, and Coinbase join Open USD as launch partners, challenging USDC and USDT with fee-free minting and