building @stablecoin things at Bridge, @stripe, & @openstandard
Austin, TX
Joined December 2010
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Build on Bridge.
potentially a hot take but @stablecoin is still underrated, such a good product and a world class team that just keeps shipping
Customers and partners like @chapello and @tryramp are hard to come by.
Can't wait to keep building, innovating, and blurring the lines of "fintech" and "crypto" with Andrew an the Ramp team through @openstandard!
We at @tryramp are excited to work with the OpenStandard team to make it easier for businesses to move and store money globally.
A few things we're excited about:
1/ Reserves are shared by default. This means that most of the value accrues not to the asset issuer but to the users of the ecosystem, which aligns incentives between the issuer, distributor, and end customers.
2/ Free minting & redemption. This is a phase shift which enables much more massive scale because it brings the marginal cost of using stables close to 0.
3/ Integration with fiat systems: Stripe, Visa, and Mastercard are founding members of OpenStandard and will accept OUSD as a default. This is massive for the digital asset ecosystem because the last mile (integration with bank accounts and legacy players) is still the hardest. OUSD removes the obstacle.
4/ Independence: OpenStandard is a consortium, not a company that answers to shareholders. Their incentive is to boost adoption of their assets and not to maximize revenue. That was the only model that was going to achieve ubiquity in this space.
We look forward to bringing more open global money to all businesses on Ramp.
Years of work has gone into this moment: OUSD is live, issued by Bridge.
Over the past two years, we’ve built regulated stablecoin issuance and orchestration infrastructure that enables businesses to use stablecoins at scale. We've issued and orchestrated billions of dollars of stablecoins and are excited to continue growing with the @openstandard network!
bridge.xyz/blog/ousd-is-live…
cc: @Stablecoin @StripeCrypto
Day 1.
$OUSD is live.
Build with OUSD via @Coinbase @Mastercard @Stripe and @Visa. Each integration path supports 1:1 USD conversion at no cost.
Read the announcement: joinopenstandard.com/blog/ou….
Ben O'Neill retweeted
.@stablecoin is issuing EURR, Revolut's first regulated euro-stablecoin.
If you’re building with stablecoins, you need to build on Bridge.xyz!
Built on bridge.xyz
The Deel stablecoin wallet is going global.
Now live in 80+ countries across LATAM, Africa, the Middle East, and APAC🌍
Get paid, then hold, earn, and spend, in DLUSD, a dollar-backed currency.
Thanks to our partners at @Stablecoin, @privy_io, @tempo, @Morpho, and @SentoraHQ for helping us scale this.
Built on Bridge.xyz
The next generation of the ether.fi crypto neobank is live.
Earn, trade, borrow, spend. One app to replace your traditional bank.
What’s new:
→ Tokenized stocks and metals trading
→ An integrated @Aave market on @Optimism, borrowing against your full portfolio at ~4%
→ New on and off-ramps support over 30 new currencies
→ New payment methods: Cash App, Apple Pay, LemonPay, and more
→ Programmatic ETHFI buybacks from every product and revenue line
The future is open.
@openstandard
if you’re building or thinking about building core money flows w stables, reach out to @openstandard
OUSD will be, by far, the best medium for this settlement and much more
all economics are shared, no mint/burn fees, and neutral governance all ensure long term alignment
Ben O'Neill retweeted
Breaking: Open USD will launch on @ethereum on day one.
Over 140 businesses, including Visa, Mastercard, Stripe, BlackRock and BNY. All reserve earnings flow to the partners that grow it.
A shared asset needs neutral ground.
We're excited to be working with @openstandard on their Ethereum journey.
Ben O'Neill retweeted
I'm helping organize an invite-only user roundtable at the @stripe NYC office next week. If you're a Stripe user with opinions on what you'd like to see us build next, the team has a few spots left.
Interested? DM or email me [email protected] and I'll connect you!
And so it begins.
Excited to launch the Visa Stablecoin Platform as the best way to access and use Open USD
fortune.com/2026/07/16/exclu…
Ben O'Neill retweeted
This is your FINAL week to use USDH.com to convert your USDH.
Liquidity support will be wound down and USDH.com will be discontinued.
Bridge (@Stablecoin) will continue to maintain 1:1 redemption and conversion over the coming months at redeem.bridge.xyz, which requires a separate onboarding process.
Please convert your USDH by July 16. USDH.com will be deprecated at 1:00 PM UTC on July 17.
Ben O'Neill retweeted
we've had *thousands* of businesses reach out to learn more about OUSD. we're working through the queue. the team is still quite small; huge apologies if it takes us some time to follow up.
Today we announced Open USD together with Visa, Mastercard, Coinbase, BlackRock, BBVA, Shopify, DoorDash, and 140+ other partners.
Much like the mobile industry needed Android, financial services needs Open USD to scale stablecoin adoption.
The stablecoin space has come a long way since we started Bridge nearly 5 years ago. Total volume is now approaching that of the ACH network and nearly every major financial institution from banks to fintechs is leaning in.
But cost and governance have limited utility and put core payments use cases out of reach. Businesses need a stablecoin that's open, low-cost, high-throughput, broadly accessible, and aligned to their interests.
We'll be launching later this year.
Visit joinopenstandard[.]com to learn more and participate.
Ben O'Neill retweeted
Few thoughts on OUSD
- The 140+ initial partners have a **massive** amount of distribution outside of crypto. (And that's 9,730 potential B2B stablecoin payment flows.)
- OUSD brings together some of the largest payments companies and Tier 1 crypto exchanges, giving it best-in-class global on/off ramps from Day 1. On/off ramp support is make or break for making a stablecoin a viable payment rail.
- Default shared economics create a much stronger incentive for traditional companies to upgrade their payments infrastructure to stablecoins.
- None of this would be possible without GENIUS. Turns out regulatory clarity gives enterprises confidence to make long-term investments in new infrastructure.
Introducing Open USD: a stablecoin built for the internet economy, designed by the businesses growing it.
joinopenstandard.com/blog/in…
Open USD has been a dream for many years. I'm excited to be part of creating more neutral stablecoin infrastructure that empowers the businesses growing it.
Come build with @openstandard!
Ben O'Neill retweeted
🚨 BREAKING: 100+ companies just backed Open USD, a dollar stablecoin run by a new independent company, Open Standard. Zach Abrams is interim CEO.
Five-minute reaction (and personal views only.)
The instinct is to count the logos when you see a lot of them. The design choices matter much more.
- No mint or redemption fees by default
- No arbitrary caps when you scale from $10k to $10m
- Reserve yield shared by default (issuers used to keep it)
This is clearly about scale, and going after the larger, industrial-grade payments volume.
Open Standard runs like a financial market infrastructure. It remids me more of things like SWIFT, the card networks, the clearing houses. Owned broadly, governed by a board, a little "boring" on purpose.
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Credible neutrality is the whole game.
One company's coin is a product. A coin a hundred competitors agree to share becomes a standard. The cap tables of SWIFT and the early clearing houses were the incumbents of their day in one room. This rhymes.
Look at the breadth too. Banks, card networks, crypto natives, fintechs, big tech, on one coin. A global PSP, a community bank, an international long-tail player. Everyone finds an animal in the picture that looks like them. That breadth is the ultra significant bit.
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For stablecoins to get beyond their current use cases, we needed something that got rid of the penalties for scale (like mint burn fees) and could handle massive volume.
Today's stablecoin use cases are a rounding error against what's coming. with ~$300B in circulation. SWIFT instructs an average of 5 to 6 trillions a day. The card networks settle trillions. Capital markets, QUADRILLIONS. The prize is moving those flows on-chain, 24/7, with the settlement guarantees regulated money actually needs.
If you build payments, capital markets or treasury, this is the rails question of the decade.
Read the design choices first. The logo wall is the easy story.
Since Bridge joined @stripe last year, company has gone all in on stablecoins. From products to infra, they are adopting and integrating.
We extended Stripe's Global Payments and Treasury Network (GPTN) to support stablecoins without building a parallel system.
Learn how below!
