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Stripe Adds OUSD Across Five Products, Sets Tempo Version as Default

Stripe Adds OUSD Across Five Products, Sets Tempo Version as Default
Stripe has added Open USD (OUSD) across five parts of its stablecoin stack, covering payments, fiat conversion, treasury, payouts and card issuing. OUSD on Tempo is now Stripe’s default stablecoin configuration, although businesses can still choose other stablecoins and networks.

Stripe announced the rollout on September 30. Businesses can accept OUSD through Payments, convert fiat into the stablecoin with Crypto Onramp, hold and move balances through Treasury, send funds with Global Payouts and use OUSD in card programs built with Issuing.

The company said further OUSD support will be rolled out across its products and made available by default where applicable.

Five Products Cover More Than Checkout

The launch is wider than adding another coin to a payment screen. Taken together, the five Stripe products cover several different stages of a transaction flow.

Payments handles incoming OUSD. Crypto Onramp takes users from fiat into OUSD. Treasury covers receiving, holding, sending and spending balances. Global Payouts moves funds out to recipients, while Issuing brings the same stablecoin into card programs.

That gives OUSD a route through both sides of the stack: money coming in, money being stored or converted, and money moving back out.

Stripe is not making OUSD exclusive. The company says businesses can continue choosing other stablecoins and blockchains, and existing balances do not have to be converted. The default configuration is specifically OUSD running on Tempo.


Bridge Issues OUSD as Network Passes 200 Partners

OUSD comes from Open Standard, an independent company whose founding partners include Coinbase, Mastercard, Shopify, Stripe and Visa. The stablecoin itself is issued by Bridge, the Stripe-owned stablecoin infrastructure company. OUSD launched natively on Base, Ethereum, Solana and Tempo, with minting and redemption at a 1:1 dollar rate and no mint or burn fee.

Open Standard said more than 200 financial institutions, fintech companies, banks and other businesses had joined its network by launch. It also named BlackRock, Lead Bank and BNY among the institutions holding OUSD reserves.

Coinbase was the next distribution route to go live. Its support started on October 1, one day after the Stripe launch. Coinbase reported OUSD sends and receives as available on Base, Ethereum, Solana and Tempo.


Stripe’s Gambling Rules Have Not Changed

One thing did not change with the rollout. Stripe still lists gambling, internet gambling and casino games among restricted businesses.

So this is not a new cashier option for operators. The iGaming angle sits one layer back: a mainstream payment provider has now put the same stablecoin into payments, onramp, treasury, payouts and issuing at once.

Author of the news

Content writer

Olga is an iGaming editor and writer with hands-on experience in the industry since 2023. She covers industry news, operator updates, product launches, and key developments across the global gambling market.

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