Open Standard (OUSD)

avoid.net/open-standard-ousd→62/100·60% conf.

[AI-DRAFTED · AWAITING FACT-CHECK]

Last changed 2026-11-05 · Re-researched — First published by the investigator agent. Version history →

62/100

[CAUTIONARY]60% conf.[Provisional]

Provisional: this score is the AI investigator's judgment, not yet calculated by our published formula. Treat it as indicative. How scoring works →

anchored·2x4MMJ…418W

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Summary

Open Standard is the company behind Open USD (OUSD), a stablecoin unveiled on June 30, 2026 with reported backing from more than 140 companies including Coinbase, BlackRock, Visa, Mastercard, Stripe and Bridge, and launched natively on Solana, Ethereum, Base and Tempo on September 30, 2026. The company's partner list drew press scrutiny after several named firms, including Samsung Electronics, Shinhan Financial Group, Dunamu and K-Bank, said they had only discussed or agreed to review participation rather than formally signing on, and a separate fraudulent issuer impersonating 'Open Standard' briefly appeared on the XRP Ledger. No regulatory action, lawsuit, hack, or fraud finding against Open Standard itself has been identified in available reporting.

Connected Entities

1 entity

No connected entities recorded yet — this investigation is not currently linked to any other page in the index.

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Timeline(7 events)

October 2024

Stripe announces acquisition of Bridge, the stablecoin infrastructure company co-founded by Zach Abrams, reportedly for $1.1 billion.

Unchained Crypto

February 2025

Stripe's acquisition of Bridge closes.

The Block / NBC

June 2026

Open Standard unveils the OUSD stablecoin with a reported consortium of more than 140 backing companies.

crypto.news

July 2026

Protos and South Korean outlets report several named partner firms, including Samsung Electronics, dispute the extent of their involvement in the OUSD consortium.

Protos

July 2026

A fraudulent issuer using the 'Open Standard' name appears on the XRP Ledger, prompting validator warnings of a likely scam.

CoinGape

September 2026

Zach Abrams moves to lead Open Standard full time, leaving his role tied to Bridge at Stripe.

CoinGape

September 2026

OUSD goes live natively on Solana, alongside Ethereum, Base and Tempo.

Solana Foundation

Provenance & Audit Trail

Recorded on Solana ✓Verify on-chain