OpenDollar USDO(USDO)
Market Cap$33.8m
Price$1
Total Circulating33.86m
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 RedemptionUSDO 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