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Stripe makes OUSD the default stablecoin across its products

Stripe rolled out support for the OUSD stablecoin today across Treasury, Issuing, Global Payouts, Crypto Onramp, and Payments, letting businesses transact in OUSD.

1 min read Source: stripe.com

What changed: Stripe launched support for OUSD, a new stablecoin from Open Standard, across its products today, making it the default stablecoin for Treasury, Issuing, Global Payouts, Crypto Onramp, and Payments.

Who is affected

The source says this covers businesses using Treasury, Issuing, Global Payouts, Crypto Onramp, and Payments, as well as fintechs, institutions, and global businesses building financial services at scale.

What it means for your business

For businesses using Stripe Treasury, Issuing, Global Payouts, Crypto Onramp, or Payments, this means they can now receive, hold, send, and spend funds, run card programs, and make global payouts in OUSD.

What to do

Businesses that want to use OUSD should read Stripe's docs or contact sales, and can consider joining Open Standard as a partner at no cost to earn rewards on OUSD activity.

When it takes effect

The source page says support went live 'today' but does not give a specific calendar date.

Source: https://stripe.com/blog/ousd-now-live-on-stripe

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