Open Standard LLC

Based in the US, Open Standard LLC, operates as a provider of online financial services, specializing in global money transfers. Founded in 2026, Open Standard LLC is based in the US and focuses on providing online financial services. The company raised USD 1 bn in an unspecified funding round on September 25, 2026, with investors including Visa, Stripe, Inc. , Mastercard International Incorporated, Shopify Ventures, and Coinbase Ventures.

The funding will support the startup liquidity for its stablecoin, OpenUSD, aimed at banking, cross-border payments, settlement, and institutional trading scenarios. OpenUSD (OUSD) is the first stablecoin designed as open infrastructure, intended to facilitate global financial transactions with increased reliability and governance. The core offering of OUSD provides businesses with a predictable economical model for moving money, underpinned by a structure that shares reserve revenues with companies that contribute to its adoption. This stablecoin is built to handle vast transaction volumes, accommodating billions of transactions with no fees to mint or redeem, thus ensuring frictionless use.

OUSD is structured to meet rigorous regulatory compliance, with reserves managed at major financial institutions in the United States, promoting broad acceptance across financial markets. Target markets for OUSD include a range of sectors such as fintech, payments, e-commerce, and asset trading, catering to businesses globally that require efficient and cost-effective money movement solutions. The revenue structure for OpenUSD largely revolves around the transaction fees generated from businesses integrating the stablecoin into their payment systems and services. OUSD facilitates financial transactions between various client types, including financial institutions, merchants, and fintech platforms that utilize its infrastructure for seamless onboarding and settlement.

Client partnerships deepen the company's revenue potential by providing integrated services that improve transaction efficiencies. While specific pricing plans contribute to the overall revenue, the model is centered on a fee-less approach to minting and redeeming the stablecoin, bolstering user adoption through cost-effective participation. This operational model aligns with OpenUSD's commitment to fostering an ecosystem where value flows back to its partners and clients. The company plans to utilize the recent funding to provide startup liquidity for its stablecoin, OpenUSD, which is aimed at banking, cross-border payments, settlement, and institutional trading scenarios.