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Compounding Open Dollar

CUSDO
$1.0432
24h-0.00%
7d+0.27%
30d+0.07%

Compounding Open Dollar Price Performance

Low
High
$1.0432
$1.0433

Compounding Open Dollar Key Metrics

Market cap
$32.26M
FDV
$32.27M
Volume (24h)
$0
Total supply
30.92M CUSDO
Circulating supply
30.92M CUSDO

CUSDO to USD Converter

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Resources

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Compounding Open Dollar Overview

24h High
$1.04
24h Low
$1.04
24h Change
-0.00%
7d Change
+0.27%
30d Change
+0.07%
Volume 24h
$0
Market Cap
$32.27M
Circulating Supply
30.92M CUSDO

Compounding Open Dollar News

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About Compounding Open Dollar

Compounding OpenDollar (CUSDO) is a yield-bearing stablecoin issued by OpenEden Digital, backed by U.S. Treasury bills and reverse repurchase agreements. Operating on the Ethereum blockchain, CUSDO employs a rebasing mechanism to distribute yield to holders, providing a stable and passive income-generating asset within the decentralized finance ecosystem.

CUSDO serves as a stablecoin that provides holders with exposure to U.S. Treasury yields. It is designed to maintain a stable value while offering yield through a rebasing mechanism, which adjusts the token balance in holders' wallets to reflect accrued interest. This structure allows users to earn yield passively without actively managing their holdings.

Key Features

  • Rebasing Mechanism: CUSDO employs a rebasing mechanism that adjusts token balances to reflect accrued yield, allowing holders to benefit from interest without additional actions.

  • Asset-Backed Stability: The token is backed by liquid, high-quality assets, primarily U.S. Treasury bills and reverse repurchase agreements, aiming to maintain its peg to the U.S. dollar.

  • Regulatory Compliance: Issued by a Bermuda Monetary Authority-licensed entity, CUSDO adheres to regulatory standards set by the authority.

  • Ethereum Compatibility: As an ERC-20 token, CUSDO is compatible with the Ethereum ecosystem, allowing integration with various DeFi platforms and wallets.

CUSDO was created by OpenEden Digital (OED), a digital asset issuer licensed by the Bermuda Monetary Authority. OpenEden focuses on bridging traditional financial instruments with decentralized finance (DeFi) by tokenizing real-world assets like U.S. Treasury bills.

Compounding Open Dollar Markets

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Compounding Open Dollar Platforms

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Compounding Open Dollar Market Data

The live Compounding Open Dollar price today is $1.04 USD with a 24-hour trading volume of $0.00 USD. We update our CUSDO to USD price in real-time. Compounding Open Dollar is down 0.00% in the last 24 hours.

The current market cap is $32,267,043.93 USD. The circulating supply is 30,922,209 CUSDO.