The announcement comes as OUSD officially launches across Ethereum, Base, Solana and Tempo, giving businesses and developers access to a new dollar-backed stablecoin designed for payments, settlement, trading and other financial services. Open Standard says businesses can mint and redeem OUSD at a 1:1 USD conversion rate through infrastructure providers including Stripe, Mastercard, Visa and Coinbase.

Pi Network Joins Open Standard’s OUSD Ecosystem

Open Standard launched OUSD on September 30, describing it as a stablecoin designed specifically for businesses that need programmable and globally accessible payment infrastructure. Businesses can access the stablecoin through different integration routes offered by Stripe, Mastercard, Coinbase and Visa.

These routes provide infrastructure for services including wallets, settlement, payment orchestration, foreign exchange, trading and on/off ramps. Pi Network’s partnership adds another ecosystem to Open Standard’s growing network.

At this stage, the partnership creates a framework for experimentation rather than confirming a production rollout. Pi Network and Open Standard will still need to determine how OUSD could interact with Pi applications, wallets and users.

Pi Network launched its Open Network in February 2025, enabling external connectivity between Pi’s blockchain and outside networks, businesses and applications. The network said this transition was intended to make Pi applications interoperable with the wider blockchain economy and allow approved businesses to interact with its users.

For users, OUSD could potentially provide a dollar-denominated asset inside an ecosystem otherwise centered around Pi’s native token. For developers, stablecoins may enable payment flows that are easier to price, account for and integrate into commerce applications.

EtherWorld has previously examined how stablecoins are becoming an increasingly important part of enterprise blockchain infrastructure in What Enterprises Need to Know About: Stablecoins. Mastercard has expanded stablecoin support across multiple blockchain networks, while its broader stablecoin strategy increasingly connects blockchain settlement directly with traditional payment infrastructure.

OUSD Builds a Shared Stablecoin Infrastructure Model

OUSD differs from many traditional stablecoin models because Open Standard is attempting to build a shared economic structure around the asset. Open Standard now says businesses can begin building with OUSD using infrastructure from providers including Stripe, BVNK and Visa, while Coinbase support follows from October 1.

Stablecoins are increasingly being positioned not simply as crypto trading instruments but as infrastructure for moving money between companies, markets and financial systems. EtherWorld explored this transformation in How Mastercard Is Using Stablecoin Infrastructure for Global Payments, where stablecoins are becoming integrated into areas including merchant settlement, cross-border transfers and card infrastructure.

Pi Network is partnering with @openstandard, the company powering Open USD (OUSD), a partner-governed stablecoin designed as open infrastructure!

Open Standard brings together more than 200+ partners across payments, finance, technology, and crypto, including Visa, Google, and… pic.twitter.com/TfwDIgGIfB

— Pi Network (@PiCoreTeam) September 30, 2026

Polygon has been positioning itself around 24/7 stablecoin settlement, while companies across payments and financial technology continue exploring blockchain rails for faster settlement. Open Standard is attempting to capture that demand by offering a stablecoin that companies can integrate through existing payments providers rather than requiring businesses to build blockchain infrastructure from scratch.

Ethereum Remains Central to the Stablecoin Expansion

EtherWorld recently explored this evolution in Is Ethereum Becoming the Internet's Financial Backend?, which examined how stablecoins, Layer 2 networks, institutional settlement and tokenized assets are gradually turning Ethereum into financial infrastructure rather than simply a platform for crypto applications.

Ethereum's 2027 Upgrade Plans Stablecoin Gas Payments examines how EIP-8141 Frame Transactions could eventually allow users to interact with Ethereum applications without directly managing ETH for every transaction, including scenarios where applications or sponsors handle underlying gas payments while users settle in stablecoins.

Stablecoin adoption is also contributing to growing institutional interest in Ethereum. EtherWorld covered this trend in Why Institutions Are Suddenly Taking Ethereum Seriously?, where stablecoins, tokenization, staking and settlement infrastructure are increasingly shaping how financial institutions evaluate Ethereum.

Another example is Ethereum Institutional Secures Funding From 100+ Ecosystem Supporters, highlighting efforts to make Ethereum infrastructure easier for traditional financial institutions to understand and adopt. Tokenization is developing alongside stablecoins.

As covered in Tokenized RWAs Surpassed $30 Billion In Early 2026, blockchain networks are increasingly being used for traditional financial instruments, including tokenized treasuries and real-world assets.

What the Partnership Means for Pi Network

Pi Network has historically focused heavily on building a large consumer ecosystem around its native token. Introducing stablecoin infrastructure could eventually allow applications inside that ecosystem to interact with dollar-denominated payments while continuing to use Pi for other forms of utility.

Potential applications could include merchant payments, rewards programs, app settlement or cross-border transactions, although none of these specific implementations have yet been confirmed. OUSD could also give developers access to a payment asset that is easier to price than a volatile cryptocurrency.

EtherWorld recently covered how Stripe account closures are pushing startups toward stablecoins, showing how some businesses are exploring blockchain settlement as an alternative to depending entirely on traditional payment processors. Stablecoins are also entering emerging areas such as machine-to-machine commerce.

In OpenAI’s Dots Need a Wallet. Is Ethereum Ready?, EtherWorld examined how AI agents may eventually use stablecoins and blockchain wallets to autonomously purchase APIs, computing resources and digital services. The broader regulatory environment will also determine how quickly infrastructure like OUSD can expand.

In the United States, policymakers continue defining how stablecoins can be issued and distributed. EtherWorld covered some of those developments in These New GENIUS Rules Could Reshape Crypto in America, which examined proposed Treasury rules around payment stablecoins.

For Pi Network, therefore, the OUSD partnership represents less of an immediate product launch and more of a bridge into the rapidly expanding stablecoin economy. Open Standard already connects companies across payments, banking, crypto and technology, while OUSD provides infrastructure across several major blockchain networks.

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Related Articles

• What Enterprises Need to Know About Stablecoins
• How Mastercard Is Using Stablecoin Infrastructure for Global Payments
• Polygon Stablecoins: The Shift Toward 24/7 Global Settlement
• Is Ethereum Becoming the Internet's Financial Backend?
• Ethereum's 2027 Upgrade Plans Stablecoin Gas Payments

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