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BVNK Opens OUSD Minting and Payments Across Four Blockchains

BVNK says eligible business customers can now mint, redeem, hold and transfer Open USD (OUSD) on Ethereum, Solana, Base and Tempo.

Brief

By Dextape Desk ·

BVNK has made its Open USD token, or OUSD, available to eligible business customers on Ethereum, Solana, Base and Tempo, according to a November 6 announcement. Eligible firms can create tokens in exchange for dollar balances, redeem them, keep them and send them between networks. The offering targets payment providers, treasury teams and companies moving funds between bank accounts and on-chain settlement. BVNK lists three routes: direct use in a company's own treasury and operations, embedded wallets and payouts inside customer apps, and wholesale access for exchanges, trading desks and market makers. The firm says conversion is one-to-one, and the article warns that consortium membership does not guarantee liquidity. Availability excludes the European Economic Area, and no minting or transfer figures have been published, leaving adoption unproven.

Why it matters: It shows a payments firm making a stablecoin usable across several networks inside existing business workflows, which matters for readers tracking how tokens move into everyday finance.

Mentioned: Ethereum, Solana

Summary by Dextape, based on reporting by NewsBTC. Machine-written from NewsBTC’s report and checked against it · How Dextape writes

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