Polygon Foundation CEO Sandeep Nailwal announces OUSD integration with Polygon network

Sandeep Nailwal, the co-founder and CEO of the Polygon Foundation, has announced that Open USD, known as OUSD, will be integrating with the Polygon network. The move pairs a consortium-backed stablecoin with a blockchain that has already processed over $2.6 trillion in stablecoin transfer volume.

What is OUSD and why does Polygon want it

OUSD was launched by the Open Standard consortium, a group that includes over 140 partners, with names like Visa, Mastercard, and Coinbase headlining the roster.

The stablecoin differentiates itself through free issuance and redemption processes, infrastructure sharing among participants, and a communal governance model.

For Polygon, the integration is a natural fit. The network already leads in USDC and USDT activity, and currently holds more than $3.4 billion in stablecoin supply and liquidity. Adding OUSD to that mix gives Polygon another tool in its growing stablecoin toolkit, particularly one with deep institutional backing.

Nailwal’s stablecoin-first strategy

Nailwal took over as CEO of the Polygon Foundation in June 2025, and his priorities have been clear from the start. The focus has centered on enhancing the Polygon Proof-of-Stake chain and AggLayer, both aimed at making blockchain transactions faster, cheaper, and more scalable for real-world payment use cases.

The Foundation has also been pushing what it calls the “Open Money Stack,” a framework designed to enable secure, instant on-chain money movement.

What this means for investors

There hasn’t been a notable price reaction to the news. Stablecoin infrastructure integrations aren’t the kind of headlines that trigger FOMO-driven rallies.

The involvement of Visa, Mastercard, and Coinbase in the Open Standard consortium raises the ceiling for what OUSD could become. These aren’t companies that join projects for fun. They join because they see commercial viability in building shared payment infrastructure on blockchain rails.

The risk, as always with consortium-backed initiatives, is execution. Getting 140-plus partners to agree on governance, technical standards, and commercial terms is a significant challenge. History is littered with well-intentioned industry consortiums that announced with fanfare and delivered with a whimper.

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