Open USD ( $OUSD ), a new dollar-pegged stablecoin backed by Coinbase, Mastercard, Shopify, Stripe and Visa, has gone live on Ethereum, Solana, Base and Tempo. Businesses can mint and redeem it 1:1 with the dollar at no cost through partner platforms, with more than $1 billion in committed liquidity. Reserves are held at institutions including BlackRock and BNY.

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