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Matt Huang, co-founder and managing partner at Paradigm, announces the launch of Open USD (OUSD), a new stablecoin backed by Coinbase, Mastercard, Stripe, Visa and others.
Huang highlights that OUSD has started with more than $400 million of launch liquidity on Tempo.
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Huang has previously discussed privacy as a key challenge for crypto’s integration into payment systems. In an earlier article, he emphasized the need to address privacy concerns to enable real-world payment flows, as detailed in Matt Huang: Privacy presents major challenge for crypto as real-world applications expand. This background highlights Paradigm’s ongoing focus on practical barriers in digital assets.