Open USD has been in circulation since September 30, 2026. Behind the dollar stablecoin stand Coinbase, Mastercard, Shopify, Stripe and Visa, and it is issued by Bridge, Stripe’s stablecoin subsidiary. For you in Europe, though, a different question counts more than the partner list: may this token be offered publicly here? On October 1, 2026 the answer is no. The issuer holds its European authorisation; the token itself is not notified in the MiCA register.
This is not a detail for lawyers. It decides whether an exchange regulated in the EU may offer you Open USD, what rights you would hold against the issuer, and whether you will ever see a yield for holding it. This article separates three things that blur together in the launch coverage: what actually went live, what MiCA demands of a dollar stablecoin, and how much of that was in place on October 1, 2026.
Open USD (OUSD): the dollar stablecoin from Stripe’s subsidiary Bridge
A stablecoin is a crypto token whose price is pegged to a currency. Open USD, ticker OUSD, is pegged to the US dollar and stood at $0.9995 on October 1, 2026 according to CoinGecko. The peg therefore held at launch; a deviation of 0.05 percent is unremarkable for a stablecoin....


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