Last updated at 2022/10/04
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Origin Dollar, $OUSD

USD-pegged Stablecoin

KPIs & Market Data

Market Cap
$42M
Market Cap 7d %
-0.05%
Market Cap 30d %
-13.66%
Volume 24h
$371.3K
Volume 7d
$4.0M
Mechanism
Governance
Decentralized
Issuer
Origin Protocol
Jurisdiction
n.a.

OUSD is a cryptocurrency-backed stablecoin issued by the Origin Protocol and pegged 1:1 to the USD. Its main value proposition is to earn yield on stablecoins. OUSD is generated through other stable coins such as DAI, USDT or USDC in a 1:1 conversion. Holding OUSD in the Origin Dollar wallet automatically earns yield for the investor which is converted to further OUSD with compounding.

Risks

  • Smart Contract Risk
  • Risk of a negative contagion effect in case USDC in the collateral vaults de-peg
  • Loss of funds due to de-peg

$OUSD Newsticker

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