Open Standard taps Chainlink as official oracle for Open USD

Open Standard has standardized on Chainlink as the official data oracle for Open USD (OUSD), the dollar-backed stablecoin supported by 200+ financial institutions including Stripe, Mastercard, and Visa. OUSD features zero-cost mint/burn mechanics and shared rewards across its partner network.

• Chainlink will provide the oracle infrastructure underpinning OUSD's onchain pricing data
• The integration extends Chainlink's reach into the new stablecoin standard backed by major payments and financial firms

The announcement follows the recent launch of Open USD, which brought its issuer-led stablecoin model to market with commitments from Stripe, Visa, Mastercard, Coinbase and others to seed liquidity. The Chainlink partnership positions Chainlink's data infrastructure inside one of the most broadly backed stablecoin initiatives in the industry. Announcement