Open USD was announced with 149 named partners in four groups: 36 payments companies such as Visa, Mastercard, and Stripe; 58 banks and financial institutions such as BlackRock, BNY, and Standard Chartered; 11 technology and commerce firms such as Google and Shopify; and 44 crypto companies and blockchains such as Coinbase, Solana, and Base, per the Open Standard announcement.
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Open Standard, the independent company that operates Open USD, announced the stablecoin on June 30, 2026, per Open Standard. OUSD went live on September 30, 2026, per Open Standard's launch post. Partners can mint and redeem at no cost and receive the reserve earnings, less a small management fee, per the same announcement.
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The announcement sorts partners into four groups. Banks are the largest group, followed by crypto companies and payments firms. The mix matters more than the headcount: card networks and processors bring acceptance, banks bring custody and distribution, tech platforms bring consumer and merchant reach, and crypto firms bring wallets, exchanges, and chains.

Counts are taken directly from the groups in the Open Standard announcement, which describes the total as over 140 businesses.
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Partners agree to use and support Open USD as shared infrastructure rather than own it outright. Open Standard runs the stablecoin, and its board is made up of partners. The design aims to give businesses no-cost minting and redemption, a share of reserve income, and a say in the roadmap instead of depending on a single issuer.
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Per Open Standard, the three design principles are: build for scale, with no-cost mint and redeem and no artificial volume limits; earn by default, with partners receiving reserve earnings less a small management fee; and govern collaboratively, through a partner board.
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This group gives Open USD its acceptance story: the major card networks, global acquirers, issuer processors, remittance companies, and corporate spend platforms. Note that PayPay Corporation, the Japanese payments app, is on the list. PayPal is not named, so its PYUSD stablecoin has no stated link to Open USD.
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Named in the announcement: Visa, Stripe, Mastercard, American Express, Discover, Fiserv, Adyen, Cloudflare, Corpay, Jack Henry, Klarna, Affirm, Ramp, OnePay, Brex, Checkout.com, WEX, PayPay Corporation, Western Union, Nuvei, Remitly, Ria, Marqeta, MoneyGram, Nium, Worldline, Galileo, Highnote, i2C, Lithic, Thredd, Episode Six, Verituity, Félix, Taptap Send, CAL (Israel Credit Cards).
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The bank list spans the US, Japan, Korea, Singapore, Australia, Latin America, the Gulf, Israel, South Africa, and Europe, plus neobanks such as Chime and SoFi. It also includes BlackRock and Intercontinental Exchange, which are not banks but sit in this group. The announcement does not assign custody or reserve roles to any named firm.
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Named in the announcement: BlackRock, BNY, Standard Chartered, Commonwealth Bank of Australia, Sumitomo Mitsui Financial Group, Intercontinental Exchange, National Australia Bank, DBS Bank Ltd., U.S. Bank, BBVA, Mizuho Financial Group, Shinhan Financial Group, Westpac, Itaú, OCBC, ANZ, UOB, Chime, Banco Bradesco, Huntington Bank, Citizens Bank, KB Kookmin Card, Emirates NBD, Hanwha Life, Banorte, Bank Hapoalim, FNB South Africa, K Bank, SoFi, Woori Card, Absa, Kakao Bank, Samsung Card, Bank Leumi, Wenia by Grupo Cibest, Nedbank, Isbank, Abu Dhabi Islamic Bank ADIB, Banco de Crédito del Perú, Mashreq, RAK Bank, Hana Card, Hyundai Card, BCcard, Cross River, Grupo Aval, Davivienda, The Bancorp, Pathward, Banca Transilvania, Nonghyup Card, Neo Financial, Maya Philippines, Netbank, Freedom Bank Kazakhstan, Lead Bank, Kapital, MAX.
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This is the smallest group but owns large demand surfaces: search and cloud, phones and wallets, merchant checkout, marketplaces, delivery, and super-apps. These firms can put Open USD in front of consumers and merchants directly, which is often the hardest part of a stablecoin launch.
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Named in the announcement: Google, Samsung Electronics, IBM, Shopify, Mercado Libre, Mercado Pago, Infosys, DoorDash, Wix, Grab, Rakuten Group.
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This group mixes exchanges, custodians, wallets, DeFi protocols, stablecoin infrastructure firms, and blockchains. Several of these companies already distribute or issue other stablecoins, so joining signals that Open USD is meant to sit alongside existing dollar tokens rather than replace them.
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Named in the announcement: Coinbase, Tempo, Solana, Base, Sui, OKX, Ripple, Crypto.com, Fireblocks, Gemini, MetaMask, Aave, eToro, Galaxy, Dunamu, Ledger, MoonPay, Digital Asset, Trust Wallet, Meow, Morpho, Ether.Fi, Lightspark, zerohash, Bitso, Bridge, Rain.xyz, BVNK, Mesh, Privy, Bitget Wallet, StraitsX, Yellow Card, Reap, Brale, RedotPay, Immersve, Stellar, Polygon, Aptos Labs, Plasma, KAST, Blossom, Lemon. The blockchains and chain teams named include Solana, Base, Sui, Stellar, Polygon, Aptos Labs, Plasma, Tempo, and Ripple.
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Circle and Tether, the issuers of USDC and USDT, are not named, and neither is PayPal. Coinbase, which distributes USDC, is named. That pattern fits a stablecoin built as a peer to existing coins: Open USD would add another dollar token for businesses to route between, not replace the ones already in use.
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Absence is based on the partner list in the June 30, 2026 announcement; the roster may change as more companies join.
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The partner quotes repeat one theme: shared, neutral infrastructure instead of a coin controlled by one company. Stripe said Open USD will be its default stablecoin for businesses, BNY pointed to neutral governance and shared economics, DoorDash stressed that no single company controls it, and Visa focused on reliability and governance.
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Per the announcement, Stripe said Open USD will be the default stablecoin for businesses running on Stripe, BNY said it anticipates stablecoins may grow to $1.5 trillion by 2030, and DoorDash called Open USD genuinely open because no single company controls it.
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The roster reaches most major payment regions, which matters for businesses that hold dollars across borders. A treasury team in São Paulo, Singapore, Seoul, or Dubai has a named local bank or processor on the list, instead of relying only on US partners.
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From the announcement: Latin America includes Itaú, Banco Bradesco, Banorte, Davivienda, Mercado Pago, and Bitso; Asia-Pacific includes DBS, OCBC, UOB, Mizuho, Shinhan, Kakao Bank, Westpac, ANZ, and Grab; the Gulf includes Emirates NBD, Mashreq, and ADIB; Africa includes FNB South Africa, Absa, Nedbank, and Yellow Card.
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Open USD is not the first stablecoin with a partner network. Paxos's USDG runs the Global Dollar Network with exchange and fintech members. Open USD's launch list is much larger and bank-heavy. Membership is not exclusive, so companies can support both, and businesses will still need to route between several dollar tokens.
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See our Open USD vs USDG comparison for structure and partner details, and the Open Standard announcement for the full Open USD list.
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