Visa, Stripe, Mastercard, BlackRock, Coinbase, and dozens of additional companies are preparing to launch OUSD, a new stablecoin designed to distribute revenues among participating partners, according to Bloomberg reporting.
The consortium-backed stablecoin represents a significant push by legacy financial infrastructure providers and cryptocurrency platforms to establish a competitive alternative in the stablecoin market. By structuring the project to share generated revenues among stakeholders, the initiative seeks to align incentives across a broad coalition of established financial institutions and crypto exchanges, differentiating it from existing single-issuer models.
The involvement of payments giants Visa and Mastercard alongside asset manager BlackRock and exchange Coinbase signals institutional confidence in stablecoin adoption as infrastructure for digital commerce and settlement. The revenue-sharing mechanism indicates the consortium is building a sustainable economic model intended to support long-term operations and encourage ongoing participation from partner organizations.