According to CoinMeta, Mastercard’s bvnk has officially launched stablecoins open and usd (ousd), which support corporate customers in casting, redeeming, holding, and making payments with ousd on the platform. These stablecoins are also exchangeable at a 1:1 ratio with US dollar balances and are compatible with Ethereum, Solana, Base, and Tempo networks. bvnk provides 1:1 direct casting and destruction channels for exchanges, over-the-counter traders, and market makers. Currently, ousd is only available to eligible corporate customers outside of the European Economic Area.