TechFlow reports, June 30, according to Bloomberg, dozens of financial institutions including Visa, Stripe, Mastercard, BlackRock, and Coinbase are preparing to launch a new stablecoin OUSD, aiming to build an on-chain USD infrastructure for institutional-grade payments and settlements.
According to reports, OUSD operates using a consortium model, where participating institutions will share reserve yields generated by the stablecoin and related revenue sharing. This means the stablecoin business model is shifting from being dominated by a single issuer towards a revenue distribution system jointly participated in by payment, asset management, and crypto platforms, potentially further accelerating the integration of traditional finance and on-chain payments.
