OpenEden OpenDollar

USDO Price

About OpenEden OpenDollar (USDO)

OpenEden OpenDollar (USDO) is a regulated, rebasing stablecoin that provides holders with native yield derived from tokenized real-world assets like US Treasury bills.

• Regulated Issuance: USDO is issued by OpenEden Digital, a digital asset issuer licensed by the Bermuda Monetary Authority (BMA).
• Yield-Bearing Architecture: The token utilizes a daily rebasing mechanism to distribute yield directly to holders' account balances.
• High-Quality Collateral: The asset is fully backed by liquid reserves, primarily consisting of US Treasury bills and reverse repurchase agreements.

What Is OpenEden OpenDollar

OpenEden OpenDollar (USDO) is designed to bridge the gap between traditional finance and decentralized ecosystems by offering a digital representation of the US Dollar that earns yield. It functions as a stablecoin that allows users to maintain on-chain liquidity while benefiting from the returns typically associated with sovereign debt instruments.

Value moves through the system via the tokenization of underlying reserves. When users mint USDO, their capital is deployed into high-quality, liquid assets. The yield generated from these reserves is then distributed to USDO holders through a daily rebasing process, where the token balance in a user's wallet increases automatically. This mechanism allows the token to scale alongside the growing demand for Real World Assets (RWA) on-chain, providing a compliant way for institutions and individuals to access US Treasury yields.

What Makes OpenEden OpenDollar Unique

• Moody's Rated Reserves: USDO is backed by TBILL tokens, which represent a portfolio of US Treasury bills that have received an investment-grade rating from Moody's.
• Regulated SAC Structure: The issuer, OpenEden Digital, operates as a Segregated Account Company (SAC) in Bermuda, providing a bankruptcy-remote vehicle to protect token holder assets.
• Dual-Token Model: The ecosystem includes USDO for rebasing yield and cUSDO, a wrapped, non-rebasing version designed for compatibility with DeFi protocols that do not support balance adjustments.

What Can You Use OpenEden OpenDollar for?

OpenEden OpenDollar is pegged to the US Dollar. Based on its design as a yield-bearing stablecoin, it supports the following use cases:

1. Value retention: USDO provides a digital, on-chain representation of the US Dollar, allowing users to reduce exposure to the volatility of the broader cryptocurrency market while maintaining a stable unit of account.
2. Yield generation: Holders earn native yield derived from US Treasuries and reverse repurchase agreements. This yield is distributed daily through a rebasing mechanism for USDO or accumulated internally for the cUSDO variant.
3. Cross-border settlement / value transfer: As a regulated stablecoin, USDO enables international remittances and the global transfer of US Dollar value with the transparency and speed of blockchain technology.
4. Collateralization: The asset can be used as backing for borrowing and lending protocols or as margin for derivatives, particularly through its wrapped cUSDO version which is compatible with standard DeFi infrastructure.

How Does OpenEden OpenDollar Work?

OpenEden OpenDollar operates through a smart contract-based tokenization engine that manages the minting, redemption, and yield distribution processes. When an eligible user mints USDO, the protocol issues tokens at a 1:1 ratio against USDC, which is then used to acquire the underlying treasury reserves.

The technical core of the project is its rebasing mechanism. Daily, the protocol updates a bonus multiplier that programmatically increases the total supply of USDO in circulation to reflect the yield earned by the reserve assets. This ensures that the price remains pegged to $1 while the quantity of tokens in user wallets grows. Redemptions are handled through a primary process where verified users can exchange USDO back for USDC, subject to a redemption fee.

Team Info and Investors

OpenEden OpenDollar is a product of the OpenEden Group, which focuses on building professional-grade RWA tokenization infrastructure. The project has established partnerships and integrations with major industry players, including Arbitrum and various institutional custodians. The governance and issuance are strictly managed by OpenEden Digital under its BMA license, ensuring that all operations meet regulated financial standards. While specific individual founder biographies are not detailed in the primary technical documentation, the project emphasizes its institutional-grade backing and compliance-first approach.

Where can you buy OpenEden OpenDollar?

USDO tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade OpenEden OpenDollar is Curve (Ethereum), where the most active trading pair USDO/USDC has a trading volume of $6,215.17 in the last 24 hours.

What is the daily trading volume of OpenEden OpenDollar (USDO)?

The trading volume of OpenEden OpenDollar (USDO) is $6,215.17 in the last 24 hours, representing a 0.00% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for OpenEden OpenDollar (USDO)?

OpenEden OpenDollar (USDO) reached an all-time high of $2.97 and an all-time low of $0.9693. It’s now trading -66.50% below that peak and 2.60% above its lowest price.

What is the market cap of OpenEden OpenDollar (USDO)?

Market capitalization of OpenEden OpenDollar (USDO) is $15,201,139 and is ranked #967 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of USDO tokens (15 Million tokens are tradable on the market today).

What is the fully diluted valuation of OpenEden OpenDollar (USDO)?

The fully diluted valuation (FDV) of OpenEden OpenDollar (USDO) is $15,201,139. This is a statistical representation of the maximum market cap, assuming total number of 15 Million ETH tokens are in circulation today.

How does the price performance of OpenEden OpenDollar compare against its peers?

With a price decline of -0.30% in the last 7 days, OpenEden OpenDollar (USDO) is outperforming the global cryptocurrency market which is down -3.30%, while underperforming when compared to similar Stablecoins cryptocurrencies which are up 2.40%.

How to add OpenEden OpenDollar (USDO) to MetaMask?

Adding OpenEden OpenDollar (USDO) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import USDO as a token. You can copy USDO’s contract address (0x8238884ec9668ef77b90c6dff4d1a9f4f4823bfe) and import it manually, or if you've installed MetaMask's chrome extension, add USDO to MetaMask with one click on CoinGecko.

Add USDO to MetaMask.