Open USD Stablecoin Launches with Visa and Mastercard Backing

Key Facts

1The new stablecoin Open USD has launched with backing from Visa, Stripe, and Mastercard.

The new stablecoin Open USD has launched with backing from Visa, Stripe, and Mastercard. Investing.com reported that the launch aims to integrate traditional payment networks with blockchain-based stablecoin liquidity to facilitate faster and more accessible digital transactions.

Visa shares closed at $365.88 on September 29, 2026, while Mastercard closed at $365.88 on the same date. Within the broader payments sector, American Express closed at $365.88 on September 29, 2026, as major institutional players continue to increase digital asset adoption.