Open USD went live through Stripe, Visa and Mastercard, and DoorDash let a text message do the checkout

Open USD, a dollar stablecoin with Coinbase, Mastercard, Shopify, Stripe and Visa as its founding partners, went live on Wednesday 30 September 2026 [1] [2]. Bridge, the stablecoin company Stripe owns, issues it, and the reserves are held at BlackRock, Lead Bank and BNY [1]. A business can mint and redeem it one for one against the dollar, at no cost, through Stripe, Mastercard or the Visa Stablecoin Platform, with Coinbase access from 1 October [1]. The five founders have committed more than 1 billion dollars to seed the supply, and the partner list has passed 200 [1] [2].

Stripe is pitching it at cross-border businesses that move a lot of money, remittance and payroll among them, which pay a variable fee every time they convert other stablecoins in and out of dollars. Open Standard, the company that runs the coin, charges a small transaction fee instead, Unchained reports [1]. Jamie Redman at Bitcoin.com wrote that the commitments “now have to turn into actual circulation” [2].

DoorDash checks out inside a text thread

At its Dash Forward product event on 29 September 2026, DoorDash showed Text DoorDash. The customer texts what they want, and DoorDash’s AI agent finds the item, builds the order and checks out with the payment details already stored on the account, Restaurant Business reported [3]. About 20,000 customers were using it on 1 October, with a waitlist open for the rest [3] [4]. Aayush Sheth, DoorDash’s head of applied AI, reordered his usual breakfast burrito on stage: “I don’t have to open the app, add all my customizations, remember what I even ordered last time” [3].

Neither report says whether the customer approves the total before the card is charged. In that flow there is no checkout page to read, so the confirmation step, if there is one, lives in the text thread.

Treasury sets out how a state earns the stablecoin pass

The Treasury Department published an interim final rule on 30 September 2026 setting the forms and procedures for the Stablecoin Certification Review Committee, the body that decides whether a state’s stablecoin regime is substantially similar to the federal one [5]. Under the GENIUS Act, issuers with not more than 10 billion dollars outstanding may opt for state regulation if their state passes that test [5] [6]. The committee is the Treasury Secretary, the Federal Reserve chair and the FDIC chair [6]. The rule took effect on publication, and comments close on 30 November 2026 [5] [6]. Tether and Circle are both above the 10 billion dollar line, Forkast notes, so the state route is closed to them [7].

The committee also settled a deadline the banks had pressed on. A state regulator meets the Act by “submitting any form of certification by January 18, 2028, even if the certification is conditional on additional planned State legislative or regulatory work” [5]. ABA Banking Journal says the American Bankers Association and 52 state bankers associations had raised the point [6]. Treasury is not accepting certifications yet. It is waiting on the Paperwork Reduction Act process [6].