OUSD is available for trading!
By KrakenFX
AI summary of the source article
Kraken announced that funding and trading for Open USD (OUSD) is live as of September 30, 2026. Governed and operated by an independent company called Open Standard, OUSD is a stablecoin designed for businesses moving money, including banks, payment providers, fintechs, marketplaces, and exchanges. The asset allows businesses to mint and redeem tokens with zero fees, while most reserve-generated revenue is distributed to adopting businesses. Reserves are maintained at financial institutions in accordance with US regulatory requirements. Trading through the Kraken App and Instant Buy is scheduled to launch once requisite liquidity conditions are fulfilled.
Why it matters
The listing provides market access to a stablecoin designed for corporate money movement, featuring fee-free minting and redemption alongside revenue-sharing reserves.
Key facts
- Kraken enabled funding and trading for Open USD (OUSD) as of September 30, 2026.
- OUSD is governed by Open Standard and allows businesses to mint and redeem with no fees.
- OUSD reserves are held at financial institutions in line with US regulatory requirements.