Stripe Announces Participation in Stablecoin Open USD

(Translated from a U.S. announcement on June 30)

Stripe, which builds programmable financial services, announced its participation in Open USD, a new stablecoin announced by Open Standard that enables global fund transfers.

Stablecoins are rapidly gaining traction due to their processing speed, low cost, and high programmability, with transaction volumes approaching those of the ACH network. *1 However, companies still face significant hurdles. Currently, for most stablecoins, the issuance and redemption fees associated with processing large volumes of payments are extremely high. Furthermore, companies cannot always benefit from the revenue generated by the underlying assets (collateral). Additionally, if the development roadmap presented by third-party issuers does not align with a company's business needs, developers have very few options.

Open USD is built on three core design principles:

● Build for scale Companies can issue and redeem Open USD free of charge and without artificial limits on transaction volume.

● Earn by default Revenue generated from Open USD's reserves is returned in full to partners, minus a small management fee to cover operational costs.

● Govern collaboratively Open USD is operated by Open Standard, an independent organization with a board of directors composed of partner companies. This ensures that decisions prioritize the interests of all participating companies, rather than the interests of a single company.

Zach Abrams, Founding CEO of Open Standard, stated:

"While existing stablecoins offer many advantages, for them to be utilized in large-scale commercial transactions, they must be open, low-cost, widely accessible with high throughput, and aligned with the financial interests of the businesses that use them. We are thrilled to launch Open USD with over 140 companies. This is a stablecoin designed by the companies that are building the future of the internet economy."

Currently, numerous companies from various industries have agreed to use Open USD and have completed their registration. Key participating companies include:

Visa, Stripe, Mastercard, American Express, Discover, Fiserv, Adyen, Cloudflare, Corpay, Jack Henry, Klarna, Affirm, Ramp, OnePay, Brex, Checkout.com, WEX, PayPay Corporation, Western Union, Nuvei, Remitly, Ria, Marqeta, MoneyGram, Nium, Worldline, Galileo, Highnote, i2C, Lithic, Thredd, Episode Six, Verituity, Félix, Taptap Send, CAL (Israel Credit Cards)

BlackRock, BNY, Standard Chartered, Commonwealth Bank of Australia, Sumitomo Mitsui Financial Group, Intercontinental Exchange, National Australia Bank, DBS Bank Ltd., U.S. Bank, BBVA, Mizuho Financial Group, Shinhan Financial Group, Westpac, Itaú, OCBC, ANZ, UOB, Chime, Banco Bradesco, Huntington Bank, Citizens Bank, KB Kookmin Card, Emirates NBD, Hanwha Life, Banorte, Bank Hapoalim, FNB South Africa, K Bank, SoFi, Woori Card, Absa, Kakao Bank, Samsung Card, Bank Leumi, Wenia by Grupo Cibest, Nedbank, Isbank, Abu Dhabi Islamic Bank ADIB, Banco de Crédito del Perú, Mashreq, RAK Bank, Hana Card, Hyundai Card, BCcard, Cross River, Grupo Aval, Davivienda, The Bancorp, Pathward, Banca Transilvania, Nonghyup Card, Neo Financial, Maya Bank, Netbank, Freedom Bank Kazakhstan, Lead Bank, Kapital, MAX

Google, Samsung Electronics, IBM, Shopify, Mercado Libre, Mercado Pago, Infosys, DoorDash, Wix, Grab, Rakuten Group

Coinbase, Tempo, Bybit, Solana, Base, OKX, Ripple, Crypto.com, Fireblocks, Gemini, MetaMask, Aave, eToro, Galaxy, Dunamu, Ledger, MoonPay, Anchorage Digital, Digital Asset, Trust Wallet, Meow, Morpho, Ether.Fi, Lightspark, zerohash, Bitso, Bridge, Rain, BVNK, Mesh, Privy, Bitget Wallet, StraitsX, Yellow Card, Reap, Brale, RedotPay, Immersve, Stellar, Polygon, Aptos Labs, Plasma, KAST, Blossom, Lemon

Will Gaybrick, Stripe's President of Technology and Business, stated:

"Companies need a stablecoin that is global and industrial-scale. Not for the economy of 2026, but for the economy of 2040, which will involve payments that are unimaginable today. That's why Open USD will be the standard stablecoin for users operating on Stripe. These are the companies that will drive economic growth over the next 15 years."

Learn more here.

*1. ACH Network (Automated Clearing House): A network in the United States that connects financial institutions such as banks and credit unions, and centrally manages electronic payments and remittances. “State of Crypto 2025 : The year crypto went mainstream.” a16zcrypto.com/posts/article/state-of-crypto-report-2025/ ↩

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About Stripe

Stripe is a company that builds programmable financial services. Millions of companies worldwide use Stripe to drive online and in-person payments, embedded finance, and revenue model customization, building more profitable businesses. Headquartered in San Francisco and Dublin, Stripe processes over $1.9 trillion (approximately 300 trillion yen) in payments annually, equivalent to 1.6% of global GDP. Through business expansion and investment in research and development focused on AI and stablecoins, Stripe contributes to the adoption of cutting-edge technologies in the global economy.

For more information, please visit https://stripe.com/jp.