OUSD reaches $477 million supply two hours after launch

  • OUSD reached approximately $477 million in on-chain supply two hours after launch.
  • $477 million in reserves provided 100% coverage, including Treasuries and dollar cash.
  • Tempo held approximately 434 million OUSD, with cumulative transfers reaching $534 million.

Open Standard dollar stablecoin OUSD reached an approximately $477 million on-chain supply two hours after launch, matched by $477 million in reserve assets for 100% coverage. About $211 million, or 44.25%, of the reserves were held in U.S. Treasuries, while roughly $266 million, or 55.75%, consisted of U.S. dollar cash. OUSD's circulating supply on the Tempo network was approximately 434 million tokens, and cumulative transfers reached $534 million.

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