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Multiple Financial Giants Plan to Launch Stablecoin OUSD

On June 30, dozens of financial institutions, including Visa, Stripe, Mastercard, BlackRock, and Coinbase, are preparing to launch a new stablecoin called OUSD, aimed at building an on-chain dollar infrastructure for institutional payments and settlements. According to reports, OUSD will operate under a consortium model, with participating institutions sharing the reserve earnings and related revenue generated by the stablecoin. This indicates a shift in the stablecoin business model from being dominated by a single issuer to a revenue-sharing system involving payments, asset management, and crypto platforms, potentially accelerating the integration of traditional finance with on-chain payments.

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