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Open Standard's new stablecoin OUSD tops 30-day market cap growth with $794M gain since Sept launch

Market News
28 Oct 2026, 14:10 WIB
Crypto Briefing
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Neutral
Open Standard's new stablecoin OUSD tops 30-day market cap growth with $794M gain since Sept launch

Open Standard, backed by Coinbase, Mastercard, Shopify, Stripe, and Visa, launched its stablecoin OUSD on September 30, 2026. In less than a month, OUSD's market cap surged from around $470 million to over $800 million, marking the largest 30-day supply increase among stablecoins. The token launched on four blockchains, with 64% of its supply on Tempo, supported by Stripe. OUSD is designed as shared infrastructure for payments and programmable finance, with no minting or redemption fees and reserves held by major financial institutions. This rapid growth highlights strong partner backing and potential for widespread adoption in payments and finance.

Open Standard's stablecoin OUSD market cap growth provides context for cryptocurrency trends. For readers following crypto markets, here is Pluang's snapshot as of Oct 28, 2026 17:31 WIB: Of 50 major cryptocurrencies priced on Pluang, 46 rose and 3 fell. Notable movers include EOS at Rp12.649 with an 8.13% increase and a typical hold time of 87 days, Bitcoin Cash at Rp5.489.679 with a 7.97% rise and 97% sell order activity, and The Graph at Rp413 with a 5.87% gain and 97% sell order activity.

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