TFTC's avatar TFTC
Visa, Mastercard, BlackRock, Stripe, Coinbase, Google, Ripple, Shopify, and 130+ other companies just announced they're launching a shared stablecoin called Open USD (OUSD). They're calling it "open" and "consortium-governed." No single issuer. Zero fees. Partners share reserve revenue. Sounds great on paper. Here's what it actually is: the largest coordinated effort to build digital surveillance rails for the US dollar that we've ever seen. Think about who is in this room. Visa and Mastercard already see every card swipe you make. Google tracks your searches, location, and email. BlackRock manages $11+ trillion with a direct line to every central bank on Earth. Coinbase has handed over user data to the government more than any other crypto company. Now they're all going to share a common settlement layer and split the economics. The "consortium governance" means no single company takes the blame, but every company gets the data. When regulators come knocking for transaction records, who's going to say no? Visa? Google? These companies didn't build empires by resisting government requests. And the revenue-sharing model is the tell. 140+ companies all have a direct financial incentive to push OUSD adoption over everything else. Visa wants you using OUSD instead of USDC. Google wants it in every payment flow. BlackRock wants it as the settlement layer for tokenized assets. When every major corporation in finance and tech is aligned around a single money, that isn't adoption. That's capture. Meanwhile, Bitcoin keeps doing its thing. No consortium. No revenue-sharing agreements. No corporate governance. No one to subpoena. Every 10 minutes, a new block. Every transaction verified by math, not by a committee of Fortune 500 companies deciding whether your payment is compliant. image
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Replies (63)

QBTC and PUSD are the most active tokens on Cauldron right now. Both are getting a lot of attention from traders, making them the tokens many people are watching closely. 🚀🚀🚀
Interesting project. A stable digital dollar can be useful for fast and low cost transactions, especially for people who want the benefits of crypto without worrying too much about price volatility.
Great to see more DEFI options built on BCH! Excited to watch this grow
bajhoy's avatar
bajhoy 1 month ago
have a blessed morning everyone 🙏🏼🥰
Thankyou for sharing, this is one of the interesting when you join here you learn more about tokens😊 QBTC AND PUSD💚💚💚
Lyn's avatar
Lyn 1 month ago
good morning have a blessed morning
Cieannedg's avatar
Cieannedg 1 month ago
Wow! Interesting. Big move for Bitcoin cash 🤍
Sianne17's avatar
Sianne17 1 month ago
Interesting, looking forward to it.. Great move 😊
Homey's avatar
Homey 1 month ago
Good morning everyone
This is interesting. Good for us newbies who's new with cryptocurrency, we can start with this token without fear of volatility.
bajhoy's avatar
bajhoy 1 month ago
thank you for sharing☺️
Been looking into ParyonUSD recently, and the borrow feature is probably what interests me the most. Still trying to figure out what a safe collateral ratio would be before I give it a shot. I also like the idea of having a stablecoin in the BCH ecosystem.