OUSD Circulating Supply Surpasses $470 Million Within 2 Hours of Launch, Tempo Chain Accounts for Over 90%

BlockBeats news, October 1: Two hours after its launch, the total cross-chain supply of Open Standard's USD stablecoin OUSD reached approximately 477.3 million, with reserve assets of $477.3 million and a reserve asset coverage ratio of 100%.

Among the reserve assets, U.S. Treasury bonds amount to approximately $211.2 million, accounting for 44.25%; USD cash amounts to approximately $266.1 million, accounting for 55.75%. The circulating supply of OUSD on the Tempo network is 434.2 million, with cumulative transfer volume reaching $533.9 million.