{ "version": 1, "event_id": "evt_273612eefa0487fa", "url": "https://xiyu.news/events/evt_273612eefa0487fa/", "json": "https://xiyu.news/api/events/evt_273612eefa0487fa.json", "type": "market_structure", "status": "monitoring", "category": "crypto", "title": { "zh": "Open USD 以“构建货币”的差异化稳定币模式挑战 Tether 和 Circle", "en": "Open USD takes on Tether, Circle with a different stablecoin model that's 'building money'" }, "current_state": { "zh": "Open USD（OUSD）已在 Tempo、Base、Ethereum 和 Solana 原生发行并上线，拥有 200 多家合作机构；上线后流通量约 4.684 亿枚，链上流动性超过 4 亿美元。Stripe 将通过其支付体系分发 OUSD，Coinbase 自 10 月 1 日起支持该网络，Mastercard 通过 BVNK 的额外分发正在计划中。", "en": "Open USD (OUSD) is live with native issuance on Tempo, Base, Ethereum, and Solana, backed by more than 200 partner organizations; post-launch circulation is about 468 million tokens with over $400 million in on-chain liquidity. Stripe is set to distribute OUSD through its payments stack, Coinbase begins supporting the network on Oct. 1, and additional Mastercard distribution through BVNK is planned." }, "first_seen_at": "2026-09-30T18:03:57.609067+00:00", "last_updated_at": "2026-10-01T18:31:33.920275+00:00", "last_material_change_at": "2026-10-01T18:31:33.920275+00:00", "confidence": 0.75, "updates_count": 2, "sources_count": 2, "entities": [ "circle", "open", "stripe", "tether", "usdc", "usdt" ], "identifiers": [], "topics": [ "ousd", "stablecoins", "stripe" ], "updates": [ { "update_id": "upd_0da0d93e1b77ab1d", "event_id": "evt_273612eefa0487fa", "occurred_at": "2026-09-30T15:34:50Z", "published_at": "2026-09-30T15:34:50Z", "first_seen_at": "2026-09-30T18:03:57.609067Z", "time_precision": "published", "update_type": "initial", "material_change": true, "title_zh": "Open USD 以不同稳定币模式挑战 Tether 与 Circle，主打\"创造货币\"", "title_en": "Open USD takes on Tether, Circle with a different stablecoin model that's 'building money'", "what_changed_zh": "由 Coinbase、Mastercard、Shopify、Stripe 和 Visa 作为创始合作伙伴支持的稳定币 Open USD（OUSD）于周三在 Ethereum、Solana、Base 和 Tempo 上线。Open Standard 首席执行官 Zach Abrams 表示，公司\"绝大部分\"股权将随着时间推移，按各合作伙伴对 OUSD 供应量和交易活跃度的贡献程度进行分配。\n\nOUSD 进入的是一个规模超过 3000 亿美元、仍由 Tether 的 USDT（流通量约 1430 亿美元）和 Circle 的 USDC（约 740 亿美元）主导的稳定币市场，而竞争正从单纯的发行数字美元转向分发渠道、流动性和客户实际使用的平台。报道称，Open Standard 6 月的首次公布曾令竞争对手 Circle 感到震动。\n\nCoinbase、Mastercard、Shopify、Stripe 和 Visa 是 Open Standard 的首批五家创始合作伙伴及投资方，各获得相等的初始股权，具体投资金额和持股比例未披露。其合作伙伴网络已从 140 多家增至 200 多家，最新加入的包括瑞银（UBS）、日本 SBI Holdings 和金融科技公司 Jeeves；Abrams 表示，创始方群体最终预计将扩大到约 10 至 12 家公司，并将组建由创始方组成的董事会。", "what_changed_en": "Open USD, the stablecoin backed by founding partners Coinbase, Mastercard, Shopify, Stripe and Visa, went live on Ethereum, Solana, Base and Tempo as part of Open Standard's bid to compete with USDT and USDC in payments, banking and institutional settlement, with most company equity to be distributed to partners based on growth contribution.", "current_state_zh": "由 Coinbase、Mastercard、Shopify、Stripe 和 Visa 作为创始合作伙伴支持的稳定币 Open USD（OUSD）于周三在 Ethereum、Solana、Base 和 Tempo 上线。Open Standard 首席执行官 Zach Abrams 表示，公司\"绝大部分\"股权将随着时间推移，按各合作伙伴对 OUSD 供应量和交易活跃度的贡献程度进行分配。\n\nOUSD 进入的是一个规模超过 3000 亿美元、仍由 Tether 的 USDT（流通量约 1430 亿美元）和 Circle 的 USDC（约 740 亿美元）主导的稳定币市场，而竞争正从单纯的发行数字美元转向分发渠道、流动性和客户实际使用的平台。报道称，Open Standard 6 月的首次公布曾令竞争对手 Circle 感到震动。\n\nCoinbase、Mastercard、Shopify、Stripe 和 Visa 是 Open Standard 的首批五家创始合作伙伴及投资方，各获得相等的初始股权，具体投资金额和持股比例未披露。其合作伙伴网络已从 140 多家增至 200 多家，最新加入的包括瑞银（UBS）、日本 SBI Holdings 和金融科技公司 Jeeves；Abrams 表示，创始方群体最终预计将扩大到约 10 至 12 家公司，并将组建由创始方组成的董事会。", "current_state_en": "Open USD, the stablecoin backed by founding partners Coinbase, Mastercard, Shopify, Stripe and Visa, went live on Ethereum, Solana, Base and Tempo as part of Open Standard's bid to compete with USDT and USDC in payments, banking and institutional settlement, with most company equity to be distributed to partners based on growth contribution.", "detailed_summary_zh": "Open USD, the stablecoin backed by founding partners Coinbase, Mastercard, Shopify, Stripe and Visa, went live on Ethereum, Solana, Base and Tempo as part of Open Standard's bid to compete with USDT and USDC in payments, banking and institutional settlement, with most company equity to be distributed to partners based on growth contribution.", "detailed_summary_en": "Open USD, the stablecoin backed by founding partners Coinbase, Mastercard, Shopify, Stripe and Visa, went live on Ethereum, Solana, Base and Tempo as part of Open Standard's bid to compete with USDT and USDC in payments, banking and institutional settlement, with most company equity to be distributed to partners based on growth contribution.", "background_zh": "Open Standard 最早于 6 月亮相，当时拥有 140 多家覆盖支付、银行、加密和技术领域的合作伙伴，包括贝莱德（BlackRock）、纽约梅隆银行（BNY）和渣打银行（Standard Chartered）。Abrams 此前联合创立并领导稳定币基础设施公司 Bridge，该公司于 2024 年被 Stripe 以 11 亿美元收购。OUSD 此次上线的公链之一 Tempo，是由 Stripe 和 Paradigm 孵化的支付优先 Layer 1 区块链。", "background_en": "Open Standard first emerged in June with more than 140 partners across payments, banking, crypto and technology, including BlackRock, BNY and Standard Chartered. Abrams previously co-founded and led stablecoin infrastructure firm Bridge, which Stripe acquired for $1.1 billion in 2024. Tempo, one of the chains where OUSD is now live, is a payments-first Layer 1 blockchain incubated by Stripe and Paradigm.", "community_discussion_zh": "", "community_discussion_en": "", "market_impact_zh": "OUSD 将\"按使用量分配股权\"的模式引入美元稳定币领域，Coinbase、Visa、Mastercard、Stripe 和 Shopify 等合作方可以持有、做市或以该代币结算，这一渠道可能改变 USDT、USDC 与 OUSD 之间的支付与结算资金流向，并提升 Ethereum、Base、Solana 和 Tempo 上的活动。最直接的敞口在于稳定币发行方的经济模型和与储备相关的业务，以及承载 OUSD 供应的交易场所和公链。", "market_impact_en": "OUSD introduces an equity-for-usage model into the dollar-stablecoin segment, where Coinbase, Visa, Mastercard, Stripe and Shopify partners can hold, market-make or settle in the token — a channel that could shift payment and settlement flows among USDT, USDC and OUSD, and raise activity on Ethereum, Base, Solana and Tempo. The clearest exposures are stablecoin issuers' economics and reserve-related business models, plus the venues and chains hosting OUSD supply.", "importance_score": 8.0, "references": [ { "url": "https://joinopenstandard.com/blog/introducing-open-usd", "title": "Introducing Open USD - Open Standard" }, { "url": "https://finance.yahoo.com/markets/crypto/articles/open-standard-issues-dollar-stablecoin-165442644.html?fr=sycsrp_catchall", "title": "Open Standard issues dollar stablecoin backed by Visa, Stripe ..." }, { "url": "https://tempo.xyz/", "title": "Tempo: The blockchain for stablecoin payments" } ], "confidence": 0.75, "story_ids": [ "rss:www.coindesk.com_arc_outboundfeeds_rss_:5546cd7c47fa3b7e" ], "sources": [ { "url": "https://www.coindesk.com/business/2026/09/24/open-usd-takes-on-tether-circle-with-a-different-stablecoin-model-that-s-building-money", "label": "CoinDesk", "source_type": "rss", "official": false } ] }, { "update_id": "upd_0a96bbca9cafb0c7", "event_id": "evt_273612eefa0487fa", "occurred_at": "2026-10-01T16:00:14Z", "published_at": "2026-10-01T16:00:14Z", "first_seen_at": "2026-10-01T18:31:33.920275Z", "time_precision": "published", "update_type": "confirmation", "material_change": true, "title_zh": "Open USD 押注 Stripe 的 1.9 万亿美元网络能打破 USDT 和 USDC 的主导地位", "title_en": "Open USD bets Stripe’s $1.9 trillion network can break USDT and USDC’s grip", "what_changed_zh": "Open USD 公布上线后数据：流通量约 4.684 亿枚，链上流动性超过 4 亿美元，储备约 4.6845 亿美元（现金 2.572 亿美元、国债及短久期货币市场基金 2.112 亿美元）。Stripe 将与 Open Standard 合作，通过 Stripe Treasury、Global Payouts、Payments 及稳定币支持卡产品分发 OUSD；Coinbase 于 10 月 1 日开始支持该网络，Mastercard 通过 BVNK 的额外分发也在计划中。", "what_changed_en": "Open USD disclosed post-launch metrics: about 468 million tokens outstanding, over $400 million in on-chain liquidity, and about $468.45 million in reserves ($257.2 million cash and $211.2 million in Treasuries/short-duration money-market funds). Stripe is partnering with Open Standard to distribute OUSD through Stripe Treasury, Global Payouts, Payments, and stablecoin-backed card products; Coinbase starts supporting the network Oct. 1, and additional Mastercard distribution through BVNK is planned.", "current_state_zh": "Open USD（OUSD）已在 Tempo、Base、Ethereum 和 Solana 原生发行并上线，拥有 200 多家合作机构；上线后流通量约 4.684 亿枚，链上流动性超过 4 亿美元。Stripe 将通过其支付体系分发 OUSD，Coinbase 自 10 月 1 日起支持该网络，Mastercard 通过 BVNK 的额外分发正在计划中。", "current_state_en": "Open USD (OUSD) is live with native issuance on Tempo, Base, Ethereum, and Solana, backed by more than 200 partner organizations; post-launch circulation is about 468 million tokens with over $400 million in on-chain liquidity. Stripe is set to distribute OUSD through its payments stack, Coinbase begins supporting the network on Oct. 1, and additional Mastercard distribution through BVNK is planned.", "detailed_summary_zh": "Open USD (OUSD) launched with roughly $468 million in circulation and over $400 million of on-chain liquidity, pairing 200+ backers and native issuance across Tempo, Base, Ethereum and Solana with a Stripe distribution deal aimed at challenging USDT and USDC's dominance.", "detailed_summary_en": "Open USD (OUSD) launched with roughly $468 million in circulation and over $400 million of on-chain liquidity, pairing 200+ backers and native issuance across Tempo, Base, Ethereum and Solana with a Stripe distribution deal aimed at challenging USDT and USDC's dominance.", "background_zh": "据 CryptoSlate 数据，美元稳定币总规模超过 3000 亿美元，其中 Tether 的 USDT 约 1838 亿美元、Circle 的 USDC 约 741 亿美元，二者合计约占市场 84%。OUSD 约 4.68 亿美元的供应量约占该赛道的 0.15%。OUSD 原生发行的链之一 Tempo 被描述为由 Stripe 和 Paradigm 孵化的、以支付为先的 Layer 1 区块链。Open Standard 已汇集 200 多家金融机构、金融科技公司、银行和企业作为合作方，Stripe、Visa、Mastercard、Coinbase 和 Shopify 均为其创始成员。", "background_en": "Dollar stablecoins are worth more than $300 billion, with Tether's USDT at roughly $183.8 billion and Circle's USDC near $74.1 billion, together accounting for about 84% of the market, according to CryptoSlate data. OUSD's roughly $468 million supply represents about 0.15% of the sector. Tempo, one of the chains where OUSD is natively issued, is described as a payments-first Layer 1 blockchain incubated by Stripe and Paradigm. Open Standard has assembled more than 200 financial institutions, fintechs, banks and businesses as partners, with Stripe, Visa, Mastercard, Coinbase and Shopify among its founders.", "community_discussion_zh": "", "community_discussion_en": "", "market_impact_zh": "OUSD 为目前集中于 USDT 和 USDC 的稳定币存量新增了一个以美元计价的竞争渠道，其分销通过 Stripe 的支付通道，自 10 月 1 日起还包括 Coinbase 的交易所入口，并计划经由 BVNK 接入 Mastercard 渠道。传导路径因此是支付与资金管理需求，以及交易所流动性；但该代币供应量目前仍仅占该赛道约 0.15%，竞争影响取决于上线流动性能否转化为持续性使用。", "market_impact_en": "OUSD adds a new dollar-denominated venue competing for stablecoin float that currently concentrates in USDT and USDC, with distribution flowing through Stripe's payment rails and, from Oct. 1, Coinbase's exchange access, plus planned Mastercard reach via BVNK. The transmission channel is therefore payments and treasury demand plus exchange liquidity for a token whose supply is still about 0.15% of the sector, leaving the competitive effect dependent on whether launch liquidity converts into recurring usage.", "importance_score": 7.5, "references": [ { "url": "https://tempo.xyz/", "title": "Tempo: The blockchain for stablecoin payments" }, { "url": "https://joinopenstandard.com/?ref=stablecoininsider.org", "title": "Open USD (OUSD) Stablecoin | Open Standard" }, { "url": "https://www.kucoin.com/blog/my-what-is-open-usd-visa-stripe-blackrock-backed-stablecoin-set-to-rival-usdc-in-2026", "title": "What Is Open USD? Visa, Stripe & BlackRock-Backed Stablecoin Set..." } ], "confidence": 0.96, "story_ids": [ "rss:cryptoslate.com_feed_:2add7a38ddb5448f" ], "sources": [ { "url": "https://cryptoslate.com/open-usd-bets-stripes-1-9-trillion-network-can-break-usdt-and-usdcs-grip/", "label": "CryptoSlate", "source_type": "rss", "official": false } ] } ] }