@openstandard has named @chainlink as the official data oracle for its Open USD stablecoin, a move that opens OUSD up to a broad range of decentralized finance applications on the day of its
@openstandard has named @chainlink as the official data oracle for its Open USD stablecoin, a move that opens OUSD up to a broad range of decentralized finance applications on the day of its public launch.
Chainlink's price feeds will allow DeFi platforms to use OUSD as collateral for lending protocols, in liquidity pools, and as margin for perpetual futures contracts. Securing a reliable oracle from day one is a meaningful step for a new stablecoin looking to gain traction in DeFi markets, where accurate and tamper-resistant price data is a baseline requirement.
Open USD went live on September 30, 2026, putting Open Standard's token directly into a market long ruled by Tether and Circle, but with a structure that spreads ownership far wider than either of its rivals. Open Standard's wider partner network has grown from over 140 to more than 200 companies, with UBS, SBI Holdings, and Jeeves among the newest additions.
Coinbase, Mastercard, Shopify, Stripe, and Visa have invested as the company's first five founding partners, each receiving an equal initial equity stake, and together the group has committed more than $1 billion to help establish OUSD liquidity over the coming months.
OUSD is being issued natively on Base, Ethereum, Solana, and Tempo. The token is issued by Bridge, the stablecoin infrastructure firm Stripe owns, with reserves held at BlackRock, Lead Bank, and BNY. Bridge will publish reserve attestations monthly.
Open Standard launched OUSD so that businesses everywhere can use stablecoins as easily as they use fiat. OUSD is purpose-built for use cases across banking, cross-border payments, settlement, institutional trading, and more.
The twist is in the economics: businesses can mint and redeem OUSD at par without fees or volume caps, while participating companies collect most of the income generated by the token's reserves. The stablecoin market OUSD is entering is worth over $300 billion, with Tether's USDT at roughly $143 billion and Circle's USDC at about $74 billion.
The Chainlink integration is designed to ensure OUSD can move fluidly through that DeFi landscape from the outset, rather than waiting for oracle support to be retrofitted after launch.
Sources:Open Standard: OUSD is live (Official blog)CoinDesk: New stablecoin Open USD goes liveUnchained: Open USD Stablecoin Goes Live
