OpenEden OpenDollar
$0.9980
Data from CoinGecko, on-chain analytics, and official project documentation. View methodology
- Cryptocurrency
- OpenEden OpenDollar (USDO)
- Sector
- Stablecoin
- Market Cap Rank
- #858
- Current Price
- $0.9980
- Market Capitalization
- $18.70M
Cycle Potential
0x
cycle scenario · ~2029 window
Risk Level
0/10
Low Risk
Market Cap
$18.70M
Volume
$126.84
Circulating Supply
18.73M
Total Supply
18.73M
What is OpenEden OpenDollar?
OpenEden OpenDollar (USDO) is a stablecoin designed to maintain a stable value, typically pegged 1:1 to a fiat currency like the US dollar. It is currently ranked #858 by market capitalization, trading at $0.9980 with a total market cap of $18.70M.
How does OpenEden OpenDollar work?
OpenEden OpenDollar (USDO) is a regulated yield-bearing stablecoin pegged 1:1 to the USD, fully collateralized by tokenized U.S. Treasury bills and reverse repurchase agreements. Issued by OpenEden Digital under a Bermuda Monetary Authority (BMA) DABA license, USDO rebases daily to distribute Treasury yield to holders without staking or lock-ups. The underlying TBILL Vault holds an S&P Global AA+f/S1+ rating and a Moody's A-bf rating, with Bank of New York Mellon serving as custodian and...
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Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions. Cryptocurrency investments are volatile and carry significant risk.