Ramp is adding Open USD (OUSD), a U.S. dollar stablecoin, to its business-account balances, enabling customers to pay suppliers or contractors across more than 140 countries and earn rewards from the fintech.
Open Standard announced the partnership. OUSD will be the asset reflected in balances held in Ramp's business accounts. Ramp will provide rewards on those holdings.
Open USD's business launch took place Sept. 30. Stripe announced support for the stablecoin that day across several payment and financial products. EconoTimes previously covered OUSD's rollout across four networks.
