Mastercard's BVNK just opened the mint on another digital dollar. This one lists more than 200 names on the birth certificate.
Open USD (OUSD) went live across BVNK on Nov. 6. Eligible business customers outside the EEA can mint, redeem, hold, send and receive it at a 1:1 rate against their dollar balances, on Ethereum, Solana, Base and Tempo.
The pitch: instead of a single issuer keeping all the reserve revenue, Open USD sits under Open Standard, a consortium that names Mastercard, Stripe, BlackRock and Coinbase among more than 200 members. Minting and redemption are billed as zero-cost.
Exchanges, OTC desks and market makers get a wholesale window too.
A dollar with a committee. The EEA was not invited.
Source: BVNK