The Core Staff behind the mission introduced a partnership on X with Open Customary simply because the latter’s Open USD (OUSD) stablecoin went reside with heavyweight backing from the likes of Visa, Coinbase, Mastercard, and Stripe.
Probably the most fascinating half for Pioneers is that the collaboration may ultimately carry OUSD-based rewards and extra utility within the broader Pi ecosystem.
What Is Pi Planning?
The intriguing parts of Pi Community’s announcement start with the timing, which got here hours after OUSD formally went reside on September 30. Companies and builders can now combine the dollar-pegged asset by means of infrastructure from Visa, Mastercard, Stripe, and Coinbase, whereas the stablecoin is natively out there on Ethereum, Solana, Base, and Tempo. It has already been launched by means of exchanges like Coinbase, Kraken, and Uniswap.
Open Customary has grown significantly since CryptoPotato first lined the mission in late June, when greater than 140 corporations had signed as much as take part. It now says its community contains over 200 monetary establishments, fintechs, banks, and world companies.
Its founding companions embody the 4 giants talked about above and Shopify, which have dedicated greater than $1 billion in near-term launch liquidity. OUSD itself is issued by Stripe’s Bridge, with reserves held at BlackRock, Lead Financial institution, and BNY Mellon. All of this makes Pi’s announcement considerably extra impactful to its neighborhood and raises some main questions, though there aren’t too many particulars but.
Pi Community is partnering with @openstandard, the corporate powering Open USD (OUSD), a partner-governed stablecoin designed as open infrastructure!
Open Customary brings collectively greater than 200+ companions throughout funds, finance, know-how, and crypto, together with Visa, Google, and… pic.twitter.com/TfwDIgGIfB
— Pi Community (@PiCoreTeam) September 30, 2026
Stablecoin Rewards Coming?
Open Customary makes use of a special financial mannequin from most main stablecoin gamers. Taking part companions can earn rewards based mostly on the OUSD provide and exercise they generate on their platforms, whereas they will additionally turn into eligible to earn fairness in Open Customary.
Pi has not but defined precisely how any Pioneer reward program would work, who would qualify, or when it’d launch. Nor has it confirmed that OUSD will turn into natively supported on its blockchain, so we shouldn’t assume such an integration from the partnership announcement alone.
What has been highlighted remains to be very slender however notable: Pi Community and Open Customary are exploring methods to carry OUSD-created rewards and broader utility to Pi’s huge person ecosystem.
For a mission that has spent a lot of the previous 12 months and a half making an attempt to develop past merely holding and transferring the native token, that might characterize a extra significant step towards rising real-world exercise contained in the community. For now, although, the small print are scarce however we’ll be certain to cowl them as soon as they’re reside.
The submit Pi Community Makes a Mysterious Stablecoin Transfer: May Rewards Be Coming to Pioneers? appeared first on CryptoPotato.