Home » 140+ Financial Giants Launch Open USD (OUSD) Stablecoin | Catch Up | June 28 – July 04, 2026

140+ Financial Giants Launch Open USD (OUSD) Stablecoin | Catch Up | June 28 – July 04, 2026

by Jason Scott
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From an unprecedented multi-billion dollar public equity proposal by the world’s leading AI lab to game-changing consortium stablecoins shaking up legacy stock markets, here are the global crypto and tech stories you might have missed this week.

🤖 Artificial Intelligence & Machine Labor

OpenAI has reportedly offered the U.S. government an equity stake in the company valued at approximately $42 billion.

OKX AI has officially unveiled a dedicated marketplace designed for AI agents. The decentralized platform allows autonomous digital agents to source operational work and receive direct, programmatic payments entirely in stablecoins, building a native economy for software entities.

🏛️ Macro & Sovereign Corporate Treasury

Japanese Corporate Giant Metaplanet Expands Total Bitcoin Holdings to 43,000 BTC: As of June 30, the company’s aggregate Bitcoin reserves grew to 43,000 BTC, up from 40,177 BTC at the end of the first quarter. Metaplanet’s ongoing acquisition framework brings its overall baseline acquisition cost to approximately JPY 15.33 million per coin.

Bitwise CIO Maps End-of-Cycle Bottom Signals Amid Strategy’s STRC Selloff: The firm described the recent institutional selloff of Strategy’s STRC preferred stock as a classic component of Bitcoin’s late end-of-cycle dynamics, which historically flush out excess market leverage.

💼 Stablecoin Warfare & Institutional Payments

140+ Financial Giants Launch Consortium Stablecoin Open USD (OUSD)

Open Standard has formally announced the launch of Open USD (OUSD), a new stablecoin built for global payments and corporate settlement.

  • Moving away from single-issuer models, OUSD utilizes a consortium-governance model backed by over 140 massive industry partners, including Visa, Stripe, Mastercard, BlackRock, BNY, Coinbase, Ripple, Google, Shopify, Bybit, OKX, and Solana.
  • The stablecoin features zero-fee minting and redemptions with no artificial issuance limits, allowing its partners to share in underlying reserve interest earnings after a small management fee.

Zach Abrams, co-founder and CEO of the Stripe-owned bridge platform, will serve as Open Standard’s founding CEO.

Following the announcement, market competition fears caused rival Circle shares to plunge 16%, while CRCL fell nearly 13% intraday to $66.10.

LINE NEXT Debuts Global ‘Unifi Pay’ Stablecoin Framework for Q3 Release: Built on the Unifi stablecoin wallet, the service supports USDT, JPYC, and IDRP at launch. Users in Japan and Indonesia can top up their respective Yen or Rupiah stablecoins directly from legacy bank accounts following online identity verification. The service boasts zero payment fees, an average settlement speed of about one second, and an SDK allowing developers to deploy a payment interface in roughly 10 minutes, following a beta phase that processed 100 billion KRW over the past year.

📉 Exchange Technicals & Derivatives Expansion

Robinhood Rolls Out TradFi Perpetual Futures and On-Chain Ecosystem in Europe

  • The rollout enables round-the-clock trading with up to 10x leverage on highly followed macro assets including gold, silver, crude oil, and the euro-dollar exchange rate.
  • Concurrently, the platform expanded user access to tokenized U.S. stocks and decentralized lending, introducing Crypto Earn in the U.S., which allows users to lend USDG stablecoins through self-custody wallets for an estimated 7% annual yield.
  • The firm also revised fees for professional crypto traders and announced plans for AI trading accounts and dedicated trading AI agents.

Binance-Listed Altcoins Trapped in Second-Longest Slump Since 2020

Market data from CryptoQuant analyst Darkfost reveals an extreme, prolonged winter for alternative digital assets. Roughly 84% of all altcoins listed on Binance are currently trading below their critical 200-day moving averages.

The indicator has remained pinned in this depressed state for nearly eight consecutive months, marking the second-longest weak altcoin macro cycle recorded since 2020, behind only the 10-month downturn of the previous bear market.

U.S. President Donald Trump disclosed in his latest annual financial filing that he earned at least $1.4 billion from cryptocurrency-related businesses in 2025. World Liberty Financial token sales generated more than $588 million, CIC Digital LLC brought in about $636 million mainly from Celebration Coins royalty agreements, and Trump received nearly $197 million from selling a stake in Stablecoin Holdco. Additionally, reports indicate that Trump holds more than $50 million worth of Bitcoin in a private cold wallet.

Binance and its founder Changpeng Zhao face fresh legal hurdles after a group of British investors filed a comprehensive $200 million civil lawsuit against them. The development arrives alongside public commentary from CZ, who stated that Binance’s Greek MiCA application was fully compliant and near regulatory approval before being withdrawn due to “political forces.” CZ noted speculation involving ECB President Christine Lagarde but clarified he has seen no official evidence. He also characterized Strategy’s STRC preferred stock as “over-engineered” while reaffirming his absolute confidence in Michael Saylor’s credibility.

🌐 Weekly Global Summary

Event Core Takeaway Market Sentiment
Open Standard OUSD 140+ firm alliance launches yield-sharing stablecoin 🟢 Bullish (Enterprise Adoption)
Robinhood Perps Expansion European users get 10x leverage on TradFi perps 🟢 Bullish (Product Utility)
Trump Crypto Disclosures President registers $1.4B in crypto income for 2025 🟢 Bullish (Macro Sentiment)
Metaplanet Treasury Japanese firm adds 2,823 BTC to treasury reserves in Q2 🟢 Bullish (Corporate Demand)
Altcoin Slump Data 84% of Binance altcoins trade below 200-day MA for 8 months 🔴 Bearish (Market Fatigue)
UK Class Action Binance and CZ face $200M British investor suit 🔴 Bearish (Legal Friction)
Circle (CRCL) Drop Share price declines 16% following OUSD reveal 🔴 Bearish (Equity Correction)

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This article is published on BitPinas: 140+ Financial Giants Launch Open USD (OUSD) Stablecoin | Catch Up | June 28 – July 04, 2026

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