140 Companies Just Backed a New Stablecoin That Pays Them Back

140 Companies Just Backed a New Stablecoin That Pays Them Back


Visa headquarters for a ProCoinNews article about Open USD and stablecoin payment partners. image By Isaac • June 30, 2026 10:55 am •

Open Standard introduced a new stablecoin called Open USD on June 30, and the partner list reads like a roll call of the payments and finance world.

Visa, Stripe, Mastercard, American Express, Discover, Coinbase, Solana, BlackRock, BNY and many others have signed on to use it.

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The pitch is simple and aggressive. Businesses can mint and redeem Open USD at no cost, with no artificial volume limits, and the earnings from the reserves flow back to the partners building on it.

That last part is the real story here. Most stablecoins keep the yield on their reserves for the issuer.

Open USD wants that money to go to the companies driving the usage.

Introducing Open

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