Open Standard says its mission is building "internet-native money," with its stablecoin Open USD (OUSD) targeting banking, cross-border payments, settlement, and institutional trading. Coinbase, Mastercard, Shopify, Stripe, and Visa are investing as founding partners and providing $1B+ in near-term launch liquidity, with additional founding partners expected soon. Zach Abrams, previously at Square, Coinbase, and Brex and founder of Bridge, becomes full-time CEO after leading both Bridge and Open Standard. Once OUSD is live, founders and partners can earn equity based on supply and activity they drive, with a shareholder-representing board to be established over time.

AI summary of the linked source — not editorial content.

Story signal · how it spread on X · via Elfa

as of
Spread
i
Distinct X and Telegram accounts Elfa counted behind this story’s reports, summed over the thread. Not posts, not impressions.
42 accounts

first post
Leviathan +5.7 h later

Thread · 8 events · started 30 Jun 13:24 · last update 15 Oct 21:37
  1. UpdateCoinbase, Mastercard, Shopify, Stripe and Visa back Open Standard with $1B+ OUSD liquidity3 acc.
  2. Leviathan published this article
  3. UpdateOpen USD launches with major payment integrations and $400M+ in day-one liquidity7 acc.
  4. UpdateOpen Standard launches its dollar stablecoin, with Stripe adopting OUSD7 acc.
  5. UpdateOpenUSD launches with $1 billion in liquidity backed by major financial firms8 acc.
  6. UpdateOUSD surpasses $650 million in circulation within 24 hours of launch11 acc.
  7. UpdateOpen USD launches with most of its initial supply on Tempo2 acc.
  8. UpdateChainlink completes OUSD data-feed rollout across four networks2 acc.
  9. UpdateOUSD supply reaches $809 million, with nearly two-thirds on Tempo2 acc.

All times UTC.

Cited posts

  • @sytaylor Simon TaylorFirst reportOn X ↗

    Coinbase, Mastercard, Shopify, Stripe and Visa have invested in the company behind OpenUSD and will help establish $1B+ liquidity for OUSD. 👀 https://t.co/kX0M2lFQMt

  • @jevgenijs Jevgenijs KazaninsOn X ↗

    "Coinbase, Mastercard, Shopify, Stripe, and Visa will join as the initial founding partners of Open Standard. Each founding partner is investing in the company and helping establish OUSD supply, delivering $1B+ in near term launch liquidity." ❤️ https://t.co/tCE7IdF7uJ

  • @chuk_xyz ChukOn X ↗

    Coinbase, Mastercard, Shopify, Stripe, and Visa now part own a stablecoin issuer, putting in $1B for liquidity Additional partners anticipated with an equity "jump ball" that rewards volume/participation with ownership I'm looking forward to seeing how they crack the cold start… https://t.co/fgZXgaH0pC

Show 3 more cited posts
  • @caitlinxyz caitlinOn X ↗

    24 hours after @openstandard's launch, more than $650M of OUSD is in circulation. Money is only really money when people spend it, price things in it, and save in it. With Stripe, Visa, Mastercard, Coinbase, Shopify, and others behind it, I'm optimistic OUSD can be all three. https://t.co/KT8cPViRsD

  • @efipm Dr Efi PylarinouOn X ↗

    Open USD (OUSD) launched live on Ethereum, Solana, Base, and Tempo with over $1B in initial liquidity backing. ​What makes OUSD different isn't just multi-chain support, it’s the architecture: 🔹 Zero-Fee Mint/Redemption: Eliminating drag for institutional treasurers. 🔹 Shared…

  • @BaseInsider_ Base InsiderOn X ↗

    $OUSD by @openstandard is live on @base Open Standard built it so businesses can move dollars through Coinbase, Mastercard, Stripe, and Visa, with 1:1 USD conversion at no cost. https://t.co/CfmwgpIbRP

36 more accounts posted about this · 8 Telegram channels (no public link)

TradersTrader calls tracked by Elfa · not advice

Positioning

Open1 open position · 1 long · 0 short

Tracked accounts lean long about 97% of the time, so a long-heavy book is normal, not a signal. As of 24 Sep 22:46 UTC.

Reaction since the first post

Since 24 Sep 17:06 UTC1 calls opened · 1 long · 0 short

Whole crypto market, not this story

Crowding50th percentile · vs last 28 days, 50 typical
Pulse 24h50/100 · unusualness of new calls, 0–100, 50 typical, higher means more long than usual
Book97.3% long · 12,002 accounts

As of 24 Sep 22:00 UTC.

Social-monitoring data, not investment advice Elfa post text from Xas of

Explore the topic

Loading related coverage…

Explore the full feed

Comments

Loading comments…