Open USD Launches as Stripe's Default Stablecoin

Open USD has been introduced as Stripe's default stablecoin, with major payments networks and crypto firms lining up routes and integrations. Mastercard will route transactions through BVNK, Visa is enabling limited beta access, and Coinbase plans to add support starting Oct. 1.

By AI Newsroom· Reviewed by Pranav, Founder & Editor-in-ChiefPublished 1 minute agoUpdated less than a minute ago0 views

Open USD Launches as Stripe's Default Stablecoin

Why It Matters

Adoption by a major payments processor like Stripe and connectivity from Mastercard, Visa, and Coinbase could accelerate on‑chain payment flows and broader use of a single fiat‑pegged token across traditional and crypto infrastructure. These integrations signal institutional interest in stablecoins as rails for payment services.

Key Facts

New default stablecoin: Open USD named as Stripe's default stablecoin
Mastercard routing: Mastercard's route will run through BVNK
Visa access: Visa is offering limited beta access
Coinbase schedule: Coinbase is scheduled to follow on Oct. 1

Stripe has designated Open USD as its default stablecoin, aligning the payments processor with a single token for on‑chain transactions. The move positions Open USD to serve as a standard digital dollar option within Stripe's payment flows.

Major payment networks and crypto platforms are beginning to connect to the new stablecoin. Mastercard will route its Open USD transactions through BVNK, according to the announcement, while Visa is providing limited beta access to the token for select partners.

Coinbase has a planned timeline to add support as well, with the exchange scheduled to follow on Oct. 1. Together, these integrations link a leading payments processor, card networks, and a major crypto exchange to the same stablecoin rails.

By coordinating access across these firms, Open USD could become more widely available for both fiat‑linked payments and on‑chain use cases. The announcement reflects continuing institutional activity around stablecoins and efforts to build interoperable payment infrastructure.