Ripple Joins Open USD Stablecoin Consortium With Visa, Mastercard, BlackRock

XRP3.85%

According to ripple.com, Ripple joined the Open USD (OUSD) stablecoin consortium on June 30, 2026. The consortium includes major traditional finance players such as Visa, Mastercard, and BlackRock.

The group's OUSD stablecoin does not run directly on the XRP Ledger, meaning the development complements rather than replaces existing XRP functionality.

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