3 articles
OUSD Stablecoin Launch | Open Standard vs Circle 2026
Open Standard, led by Zach Abrams, launched Open USD (OUSD) on June 30, 2026, backed by a 140-firm consortium of Visa, Mastercard, Stripe, Coinbase, Google, and BlackRock. The zero-fee, yield-sharing model sent Circle stock down 17.5% as Wall Street repriced stablecoin issuer margins.
Rudy Sinigur · Jul 5, 2026
Native Markets USDH | Hyperliquid Native Stablecoin 2026
Native Markets won Hyperliquid's on-chain validator vote, deploying USDH with BlackRock-managed reserves and JPMorgan custody, ending the chain's $5B+ USDC dependency at zero minting fee.
Rudy Sinigur · Jul 5, 2026
Coinbase Open USD Backing | Inside the $300B Stablecoin War vs Circle
Coinbase has joined 140 firms including Visa, Stripe, and BlackRock to launch Open USD (OUSD), directly challenging Circle USDC weeks before the August 2026 revenue-share renewal deadline.
Rudy Sinigur · Jul 5, 2026