Institution-focused stablecoin OUSD to make debut on Ethereum

Institution-focused stablecoin OUSD to make debut on Ethereum OpenUSD (OUSD), an institution-focused stablecoin backed by a consortium of more than 140 companies, is set to launch first on Ethereum (ETH). Ethereum Institutional, an independent nonprofit focused on institutional adoption of Ethereum, said on its official X account, "Visa, Mastercard, Stripe, BlackRock, BNY Mellon and more than 140 participating companies are bringing OUSD to Ethereum first."