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Mastercard to distribute Open USD stablecoin via BVNK platform, expanding multi-chain payments.

Market News
02 Oct 2026
Crypto Briefing
View Source
Bullish
Mastercard to distribute Open USD stablecoin via BVNK platform, expanding multi-chain payments.

Mastercard will offer Open USD (OUSD), a dollar-pegged stablecoin created by the Open Standard consortium, through its recently acquired stablecoin infrastructure firm BVNK. Launched on September 30, 2026, OUSD operates across multiple blockchains including Base, Ethereum, Solana, and Tempo, allowing flexible token movement. BVNK, acquired by Mastercard for up to $1.8 billion, provides a global payment network in over 130 countries and holds key regulatory licenses like the EU's MiCA. This move leverages BVNK's scale and regulatory groundwork to distribute OUSD widely, backed by over 200 companies and $1 billion in liquidity, potentially reshaping stablecoin adoption and payments.

Mastercard's new Open USD stablecoin initiative is introduced alongside Pluang's crypto market snapshot. For readers following cryptocurrency trends, here is Pluang's market snapshot as of Oct 02, 2026 19:42 WIB: out of 50 major cryptocurrencies, 36 rose and 13 fell today. Notable gainers include ENJ (Enjin Coin) at Rp672 with a 28.16% increase and 100% buy order activity, MANA (Decentraland) at Rp1.874 with a 17.42% rise and 58% buy order activity, and BAL (Balancer) at Rp16.297 with an 11.14% increase.

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