Consortium Launches US Dollar-Pegged Stablecoin OUSD Backed by Visa, Stripe
A consortium of over 100 corporations, including Visa Inc., Stripe Inc., and Mastercard Inc., has launched a US dollar-pegged stablecoin called OUSD.
The token is now available to businesses and software developers looking to use it in building new products and services.
Visa, Stripe, Mastercard-owned stablecoin company BVNK, and Coinbase Global Inc. will offer initial access to the coin.