Tempo Launches Open USD Integration for Enhanced Enterprise Payments
Tempo has officially integrated Open USD (OUSD), a stablecoin developed by OpenStandard and backed by Stripe's subsidiary Bridge, into its platform. This integration aims to provide businesses with a streamlined solution for payments, settlements, and treasury operations, leveraging what is considered one of the most enterprise-focused Layer 1 blockchains in the crypto space.
The launch of OUSD on September 30, 2026, has already seen significant traction, with over $400 million in liquidity available on Tempo alone. OUSD's reserves are managed by reputable financial institutions including BlackRock, Lead Bank, and BNY, ensuring a robust backing for the stablecoin.
Key Features of Open USD
- No Mint or Redeem Fees: Businesses can convert dollars to OUSD or vice versa without incurring any fees.
- No Volume Caps: There are no limits on the amount businesses can mint or redeem, allowing for large transactions without penalties.
- Shared Reserve Earnings: Most earnings from reserves are returned to participating partners, with only a small management fee retained.
OUSD operates across multiple blockchains, including Base, Ethereum, and Solana, and is designed to facilitate seamless transactions with average fees below $0.001. This makes it an attractive option for businesses looking to optimize their payment processes.
With participation from a consortium of over 200 companies, including major players like Visa, Mastercard, and Coinbase, OUSD represents a collaborative effort to redefine stablecoin economics, focusing on shared benefits rather than issuer-captured profits.
FAQ
What is Open USD (OUSD)?
Open USD (OUSD) is a stablecoin developed by OpenStandard and backed by Stripe's subsidiary Bridge. It is designed to provide businesses with a streamlined solution for payments, settlements, and treasury operations.
What are the key features of OUSD?
Key features of OUSD include no mint or redeem fees, no volume caps on transactions, shared reserve earnings returned to partners, and low average transaction fees below $0.001.
Which blockchains does OUSD operate on?
OUSD operates across multiple blockchains, including Base, Ethereum, and Solana, facilitating seamless transactions for businesses.
Who manages the reserves for OUSD?
The reserves for OUSD are managed by reputable financial institutions, including BlackRock, Lead Bank, and BNY, ensuring a robust backing for the stablecoin.
When was OUSD launched?
OUSD was officially launched on September 30, 2026, and has already gained significant traction with over $400 million in liquidity available on the Tempo platform.
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