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Ripple Joins Open USD, a Stablecoin Backed by Visa, Mastercard, and BlackRock. What It Signals for XRP
Key takeaways
- Ripple Joins Open USD, a Stablecoin Backed by Visa, Mastercard, and Black Rock.
- The coin is free to mint and hands its reserve earnings to the partner companies, which is a direct shot at how Tether and Circle make their billions.
- Ripple kept RLUSD and still signed on, positioning the XRP Ledger as one of several rails the coin could run on, profiting from the traffic whichever stablecoin wins.
Ripple Joins Open USD, a Stablecoin Backed by Visa, Mastercard, and Black Rock. What It Signals for XRP Sam Daodu Tue, June 30, 2026 at 11:38 PM GMT+7 6 min read XRP-USD V MA BLK USDT-USD Quick Read Open USD is a consortium stablecoin from Open Standard, backed by Mastercard, Visa, Stripe, Black Rock, and more than 140 others, with no single company in control. Ripple joins as a day-one integration partner rather than an issuer.
The coin is free to mint and hands its reserve earnings to the partner companies, which is a direct shot at how Tether and Circle make their billions.
Ripple kept RLUSD and still signed on, positioning the XRP Ledger as one of several rails the coin could run on, profiting from the traffic whichever stablecoin wins.
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