Stripe is making big moves in South Korea. The combo of Open Standard + OUSD is clearly aimed at compliant payments, with Visa, Mastercard, and BlackRock all endorsing it. The turnout of 149 partner organizations is no small feat.

According to Digital Asset, global payments company Stripe filed trademarks in South Korea on June 30 for “OPEN STANDARD” and “OPEN USD,” corresponding respectively to Open Standard of the Global Stablecoin Alliance and its issued OUSD. The trademark’s specified scope covers services such as compliance frameworks for crypto payments, digital currency electronic transfers between alliance members, and cross-network crypto transaction identity verification. Open Standard already has 149 partners, including Visa, Mastercard, BlackRock, and 13 South Korean companies.