New Open Standard stablecoin to launch with support from 100 companies, Jeff Weinstein reveals

New Open Standard stablecoin to launch with support from 100 companies, Jeff Weinstein reveals
Open Standard stablecoin set for Stripe

Jeff Weinstein has announced the launch of Open Standard, a new open stablecoin co-designed by more than 100 companies, including Visa, Mastercard, Coinbase, Cloudflare, and Google.

The stablecoin, OUSD, is set to become the default stablecoin across Stripe later this year, with the aim of helping businesses thrive through shared economics.

Weinstein has previously commented on the expansion of crypto transaction features, noting that Hermes agents can now make online purchases and access external services using Stripe and related tools, according to a recent article. He has also invited SaaS startups working with Google ads and Stripe Checkout to test a new return-on-ad-spend analytics dashboard in development, as detailed in a separate report. Both initiatives highlight his ongoing involvement with payments and fintech integrations.

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