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Issuer profile REFERENCE · issuer profile · as of 2026-10-26

Bridge (OUSD) 2 Verified

In short: Bridge (OUSD) issues OUSD. Issuing entity: Bridge Building Inc. (current OUSD issuer, a Stripe company; NMLS ID 2450917 per company). Bridge Building S.A. (Luxembourg; LEI 254900MVWQXMF77YZP65). Bridge National Trust Bank — in organisation, not operational, does not issue OUSD (per company). OUSD was created by Open Standard, founded by Coinbase, Mastercard, Shopify, Stripe and Visa (per company). Headquarters: San Francisco, US. Status: Active. Licences on record: 3 (1 authorised; 2 confirmed on a regulator's official public register). Reserve reports: no public data (—). Reference data as of 2026-10-26.

StatusActive
VerificationPending
CoverageExperimental
Licences1 / 3authorised / on record
SRS ILLUSTRATIVE56StableRadar Score, sample method
Profile as of2026-10-26
N/A
Regulatory Compliance Score
Insufficient data — newly added issuer, inputs under review · 75% of inputs available
Not legal advice; algorithmic assessment from public sources.
OUSD peg · 7 daysCoinGecko sparkline · deviation vs $1 · shaded band ±0.5% LIVE
+500-507d high 67.4 bps7d low -33.5 bps
Pins: computed 7d high/low. No reference events dated within this window.
◎Peg deviation (live)-8.4 bps
$Supply 30d → now (DefiLlama)$956.1M
↔24h volume (CoinGecko)$428K
⛓Chains with supply4

Company

HQSan Francisco, US
FoundedNo public data
ModelFiat-backed (USD) — Open Standard network; chains: Base, Ethereum, Solana, Tempo (per company)
Websitebridge.xyz ↗

Products & supply LIVE

OUSD$956.9M · -8.4 bps
Total (CoinGecko)$956.9M
30d ago$788.1M
7d ago$887.5M
1d ago$918.9M
now$956.1M
7d price deviation (bps):

Tempo
$625.9M65.5%
Solana
$118.8M12.4%
Ethereum
$115.8M12.1%
Base
$95.7M10.0%
Supply by chain · DefiLlama (live)

REFERENCE · issuer official site · as of 2026-10-26

Product list not yet captured from bridge.xyz.

REFERENCE · issuer official site · as of 2026-10-26

Not checked yet for bridge.xyz.

REFERENCE · regulator registers / issuer disclosures · as of 2026-10-26

Confirmed by regulator register · always shown

JurisdictionRegulatorLicence / status detailDateStatusEvidence
EU-LUCSSF (via ESMA register)Crypto-asset service provider (MiCA CASP) — Bridge Building S.A.: custody, exchange, order execution, transfer services. Not an e-money token issuance authorisation29 Jun 2026AuthorizedVerified
JurisdictionRegulatorLicence / status detailDateStatusEvidence
USOCCNational trust bank charter — Bridge National Trust Bank (proposed), OCC Corporate Decision 1365: PRELIMINARY CONDITIONAL APPROVAL only (preopening requirements incl. minimum capital; not a charter, not authorisation to issue OUSD)12 Feb 2026ConditionalReported
USState regulators (NMLS)State money transmitter licences — Bridge Building Inc., NMLS ID 2450917 (per company; NMLS Consumer Access could not be read automatically on 11 Nov 2026, so not verified here)—Per companyVerified

AssuranceNo public data
Audit / attestation firm—
FrequencyNo public data
Composition (per issuer)No public data
CustodiansNo public data
Latest disclosed—
Evidencereport ↗

30 Sep 2026

Open USD (OUSD) live, issued by Bridge (a Stripe company). Launched by Open Standard (founded by Coinbase, Mastercard, Shopify, Stripe and Visa) on Base, Ethereum, Solana and Tempo. Currently issued by Bridge Building Inc.; Bridge National Trust Bank has OCC conditional approval only, is not operational and does not issue OUSD (per company).

Company source ↗

Redemption terms

No minting or redemption fees and no liquidity restrictions (per company)

Controls: freeze / clawback / admin

freezeNo public data
clawbackNo public data
multisigNo public data
upgradeNo public data

Frozen / blacklisted / seized

No public freeze/blacklist statistics found.

REFERENCE · issuer newsroom / official government sites · as of 2026-10-26

Official newsroom not yet checked for this issuer.

No public info.

None on record in our reference set.

No public info.

Legal status per token

OUSDOther stablecoins
(1) Entity licence / registration
Bridge Building Inc. (NMLS 2450917 per company); Bridge Building S.A. — CSSF CASP 29/06/2026 (not issuance authorisation); Bridge National Trust Bank — OCC preliminary conditional approval only (CD 1365)
State MTLs / CSSF CASP / OCC
CASP authorised; MTL Not yet verified by StableRadar · 29/06/2026 · Specific record (ESMA CASP row) esma.europa.eu ↗
(2) Authorisation to issue this token
No authorisation to issue this stablecoin identified in official registers as of 27 Oct 2026. Registers checked: NYDFS Greenlist, ESMA EMT register, JFSA, HKMA, CNAD, OCC
U.S. context
U.S. token-level issuer approval regime applies from 18 Jan 2027 (FR 2026-21706)
(3) Applicable law
Last checked 27 Oct 2026

Depeg history (>50 bps, daily) Live

OUSD · 1 episode since 2026-09-30
StartEndDaysMin priceWorst dev.
2026-10-112026-10-111$0.994555 bps
Source: DefiLlama (data aggregator, not official): stablecoinprices ↗ · as of 2026-10-27. No issuer or regulator publishes a daily price history, so no official source is available for this block. Daily close price from DefiLlama stablecoinprices; episode = consecutive days with |price-1| > 50 bps (severity >100 bps flagged). Intraday moves are not captured.

Lending & collateral

DeFi lending markets Live
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Official contract addresses

No address confirmed on an official issuer page yet — none shown.
Mainnet addresses copied from the issuer's official page (checked —); explorer links are the ones the issuer lists. Always verify against the issuer's page; never send funds to addresses received in messages.
Reference fields compiled 2026-10-26 from linked sources. Items marked “verify” or “per issuer” are not independently confirmed. Not legal or investment advice.

Last updated: · reference data as of 2026-10-26 · Sources: Regulator public registers & issuer disclosures (linked per item), CoinGecko, DefiLlama

Data: DefiLlama · Powered by CoinGecko