Stripe Adds OUSD Across Five Products With Tempo Set As Default Network
The payments group has integrated Open USD across payments, conversion, treasury, payouts and issuing as it expands its stablecoin infrastructure.
Stripe has expanded its stablecoin offering by adding Open USD (OUSD) across five of its products, with the Tempo version of the stablecoin becoming its default configuration.
Announced on 30 September, the rollout introduces OUSD across Payments, Crypto Onramp, Treasury, Global Payouts and Issuing. The integration means businesses can use the stablecoin across several stages of a transaction, from accepting payments and converting fiat currency through to holding balances, sending payouts and supporting card programmes.
Stripe has not made OUSD exclusive to its ecosystem, with businesses remaining able to select other supported stablecoins and blockchain networks. Existing stablecoin balances will also not need to be converted, although OUSD running on Tempo will now be used as the default configuration where applicable.
OUSD Integrated Across Payments Infrastructure
The scale of the integration means OUSD will be available for more than simply accepting transactions. Stripe Payments will support incoming OUSD payments, while Crypto Onramp enables customers to move from fiat currency into the stablecoin.
Treasury extends that functionality by allowing businesses to receive, hold, send and spend balances, while Global Payouts provides a route for distributing funds to recipients. Stripe Issuing completes the initial rollout by enabling OUSD to be incorporated into card programmes.
Together, the five products provide infrastructure covering several stages of the movement of funds, allowing OUSD to be accepted, converted, stored and subsequently distributed within Stripe’s wider ecosystem. The company has also indicated that further support will be introduced across additional products, with OUSD made available by default where appropriate.
Bridge Issues OUSD As Adoption Expands
OUSD was launched by Open Standard, an independent company whose founding partners include Coinbase, Mastercard, Shopify, Stripe and Visa. The stablecoin itself is issued by Bridge, the stablecoin infrastructure business owned by Stripe.
At launch, OUSD was made available natively across Base, Ethereum, Solana and Tempo, with minting and redemption offered at a one-to-one rate against the US dollar without minting or burning fees. Open Standard said more than 200 financial institutions, fintech businesses, banks and other companies had joined its network by the time of the launch, with BlackRock, Lead Bank and BNY among the institutions identified as holding reserves.
Coinbase subsequently added support on 1 October, one day after Stripe’s rollout. Users can send and receive OUSD through Coinbase across Base, Ethereum, Solana and Tempo, further extending the stablecoin’s distribution.
Gambling Restrictions Remain In Place
Despite the wider stablecoin integration, Stripe’s existing restrictions relating to the gambling sector remain unchanged. The company continues to list gambling, internet gambling and casino games among its restricted business categories.
The OUSD rollout therefore does not provide a new direct payment option for gambling operators using Stripe. Instead, its relevance to the wider iGaming payments sector comes from the continued development of stablecoin infrastructure among major mainstream payment providers.
By incorporating the same stablecoin across payments, fiat conversion, treasury services, payouts and card issuing, Stripe is demonstrating how stablecoins can increasingly operate across an entire payments infrastructure rather than serving solely as an alternative transaction method.
