Open USD Stablecoin Launches on Four Blockchains with $1B Liquidity

Key Facts

1Open USD stablecoin launched on four blockchains with liquidity commitments exceeding $1 billion.

2The new stablecoin model ties company rewards and ownership to token supply and usage.

The Open USD stablecoin has officially launched across four blockchain networks, backed by liquidity commitments exceeding $1 billion from five founding partners. According to crypto.news, the project is supported by investments from Coinbase, Mastercard, Shopify, Stripe, and Visa, with the founding group expected to establish liquidity over the coming months.

The new stablecoin model ties corporate rewards and ownership directly to the token's supply and usage metrics. Open USD is currently available on Ethereum, Solana, Coinbase’s Base, and the Stripe-backed Tempo network, entering the market as major payment players continue to expand their involvement in decentralized financial infrastructure.