Open USD token supply reaches $666M as 10 wallets hoard majority

October 7, 2026

Total outstanding supply for Open USD reached $666.3 million by Oct. 5, with the majority of tokens locked in custody and launch addresses, according to a Crystal Intelligence wallet analysis.

Open USD aims to challenge USDT and USDC using Stripe network

October 1, 2026

Open USD, a new stablecoin issued by Open Standard, has launched with $468 million in circulation and a distribution agreement with Stripe to challenge dominant tokens USDT and USDC.