Mastercard-owned BVNK has launched a service allowing eligible business customers outside the European Economic Area to directly mint and redeem the Open USD (OUSD) stablecoin at a 1:1 rate with US dollars. These customers can hold, send, or receive OUSD on multiple blockchain platforms including Ethereum, Solana, Base, and Tempo. The service also benefits exchanges, OTC trading firms, and market makers by providing direct channels to mint and burn OUSD tokens. This development follows OUSD's launch as Stripe's default stablecoin for businesses and expands its availability through Stripe and Visa platforms, enhancing the integration of stablecoins with traditional fiat currencies for businesses and financial firms.
BVNK's new service for direct Open USD minting and redemptions provides context for digital asset markets. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Nov 08, 2026 16:31 WIB: out of 50 major cryptocurrencies, 10 rose and 39 fell. Notable movers include EOS at Rp12.649 (+8.13%), EGLD at Rp54.383 (-6.11%) with 100% buy order activity, and BCH at Rp4.445.887 (-5.35%) with 91% buy order activity.
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