Stablecoin Information
The OpenEden OpenDollar (USDO) is a rebasing yield-bearing stablecoin issued by OpenEden Digital (OED), a Bermuda Monetary Authority (BMA) licensed digital asset issuer. OED is a wholly owned subsidiary of OpenEden Group (OEG). The value of USDO is fixed at $1, providing stability to its holders while offering a yield on the underlying reserve assets. USDO rebases daily, which allows holders to earn yield generated from reserves backed by U.S. Treasury Bills.
Category:fiat-backed
Minting and Redemption
USDO can be minted on a primary basis using USDC or TBILL as collateral on the OpenEden platform. USDO is fully-backed 1:1 by tokenized short-term U.S. Treasury Bills.
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | +0.01% | -8.34% | -36.75% | 16.32m | ||
| 0.00% | +0.01% | +0.33% | -21.56% | 149,056.78 | ||
| 0.00% | +0.01% | -1.03% | -7.84% | 36,768.6 | ||
| 0.00% | 0% | 0% | 0% | 10 |