OUSD launched 2 hours after launch, total cross-chain supply was approximately 477300000 USD,Tempo accounting for more than
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AT A GLANCE
The report stated that OUSD launched 2 hours after launch, total cross-chain supply was approximately 477300000 tokens, of which the Tempo network accounted for approximately.
Article
OUSD launched 2 hours after launch, circulating supply exceeded 470000000 USD,Tempo chain accounted for more than
BlockBeats reported that October 1,Open Standard USD stablecoin OUSD launched 2 hours ago, with total cross-chain supply of approximately 477300000 tokens and reserve assets of 477300000 USD, representing a reserve asset coverage ratio of 100%.
Of the reserve assets, approximately 211200000 USD was in U.S. Treasury securities, accounting for 44.25%;USD Approximately 266100000 USD was in cash, accounting for 55.75%。OUSD circulating supply on the Tempo network was 434200000 tokens, with cumulative transfer volume reaching 533900000 USD.
Original link https://m.theblockbeats.info/flash/369825
Key points
01
BlockBeats stated that October 1,Open Standard USD stablecoin OUSD launched 2 hours after launch, total cross-chain supply was approximately 477300000 tokens.
02
The reserve assets listed in the report were approximately 477300000 USD, with a reserve asset coverage ratio of 100%。
03
Of the reserve assets, approximately 211200000 USD was in U.S. Treasury securities, accounting for 44.25%;USD Approximately 266100000 USD was in cash, accounting for 55.75%。
04
OUSD On the Tempo network, circulating supply was 434200000 tokens.
05
The report stated that OUSD on the Tempo network, cumulative transfer volume was 533900000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
OUSD is a USD stablecoin. The figures cited in the report indicate that, shortly after issuance, it had a supply of approximately 477300000 tokens and was reportedly supported by equivalent reserve assets. The reserves consisted of U.S. Treasury securities and USD cash; most of the OUSD was on the Tempo network.
Why it matters to readers
Supply, reserve coverage ratio, and reserve composition are important metrics for assessing a stablecoin's scale and asset backing;Tempo supply on OUSD indicates the network on which it is primarily distributed.
Beginners should distinguish among “supply,” “reserve assets,” and “cumulative transfer volume”: supply is the number of tokens issued; reserve assets are the assets reported to back the tokens; cumulative transfer volume is not equivalent to current supply.
Risks and unknowns
These data are from a BlockBeats report; the evidence does not provide on-chain data or reserve attestations for independent verification.
The original text does not specify the custodian of the reserve assets, the audit method, or the time of attestation.
The headline uses “circulating supply exceeded 470000000 USD,” while the body uses “total cross-chain supply was approximately 477300000 tokens”; the units and wording differ.
The original text only states “October 1” and does not specify the year.
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USD Stablecoin
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