Open Standard's stablecoin is expected to become a major competitor to Circle's USDC, the dominant stablecoin in the U.S.

The new platform lets banks and fintechs mint, move, and manage stablecoins directly through its network.

Aptos Labs partners with Visa, Mastercard, Stripe, BlackRock, and 140+ companies to launch Open USD stablecoin, with Stripe making OUSD its default for