cusdo

#988

Compounding Open Dollar

DeFi+1 · Fiat-backed Stablecoin+2

cusdo#988

Mcap$12.06M

$1.050.82%

Overview Markets Charts Historical

Low Volume

Spot Volume (24H)

$26,267+2,756.39%

Marketcap

$12.06M

FDV

$12.06M

Mindshare

Very Low

Circ. Supply

11.5M

Max Supply

Mcap/FDV

100%

Total Supply

11.5M

Sector Ranking

#79

USDO (OpenDollar) is a yield-generating stablecoin issued by OpenEden Digital, licensed by the Bermuda Monetary Authority. It maintains a 1:1 peg to USD and distributes yield through daily rebasing, increasing token balances. Reserves are held in tokenized U.S. Treasury bills and reverse repo agreements to maintain full collateralization. The system includes a wrapped variant, cUSDO, which accrues value via token price appreciation rather than rebasing.

Sector

DeFi

Sector Rank

#239, #79

Sub-Sector

Real World Assets

Sub-Sector Rank

#24, n/a, #55

Contracts

API ID

Resources

Social

Analytics

Block Explorer

1Y Price Performance +2.69%

All Time High

$1.08-2.73%

Sep 25, 2025

Cycle Low

$0.604+74.32%

May 07, 2026

First Trade

Jan 15, 2025 on

Curve V1

cusdo Chart

All Charts

$1.05

0.56% Past Month

Price

$1.050.56%

Mindshare

cusdo

More Charts

Spot Volume (24H)

$26,267+2,756.39%

Marketcap

$12.06M

Mindshare

Very Low

All News

Create Your Own Report

Last Updated: Oct-26-2026 8:14 UTC

Compounding Open Dollar (USDO) Project Update

USDO (OpenDollar) is a yield-generating stablecoin issued by OpenEden Digital and licensed by the Bermuda Monetary Authority. It maintains a 1:1 peg to the U.S. dollar and distributes yield through daily rebasing, which means token balances automatically increase each day to pass through earnings. Reserves are held in tokenized U.S. Treasury bills and reverse repo agreements to maintain full collateralization, and the system includes a wrapped variant, cUSDO, which accrues value via token price appreciation rather than rebasing . The stablecoin is deployed on Ethereum, Base, and BNB Chain .

Get Caught Up

The most significant recent development is OpenEden's strategic blueprint to position itself as a full-stack real-world asset (RWA) tokenization platform, enabling institutions to launch regulated, yield-bearing assets on-chain 3. The strategy centers on embedding USDO into consumer platforms, including an integration with an Asian messaging app servicing over 250 million users, and launching a tokenized fund in collaboration with a major global asset manager offering on-chain exposure to institutional-grade Short-Duration Global High-Yield Bonds 3. This matters because it signals a shift from a standalone stablecoin product toward a broader distribution and product ecosystem.

OpenEden is also developing a delta-neutral high-yield token product with a licensed digital asset fund manager, using strategies like cash-and-carry arbitrage and U.S. Treasury-backed assets 3. A delta-neutral strategy aims to minimize exposure to price movements of the underlying asset, allowing the product to generate yield from price discrepancies rather than directional bets. This expands the range of yield-bearing instruments built on OpenEden's infrastructure.

Further expansion plans include tokenized structured products replicating principal-protected instruments, a multi-currency stablecoin framework backed by Asian sovereign short-term securities, and a cross-border stablecoin settlement network developed with a regulated fintech provider to power instant, low-cost, yield-bearing payments leveraging USDO and regional stablecoins 3. Together, these initiatives point toward a multi-product, multi-currency platform strategy.

Biggest Stories of 2025

OpenEden published a strategic blueprint outlining its positioning as a full-stack RWA tokenization platform, including embedding USDO into consumer platforms, launching a tokenized bond fund, and developing a cross-border stablecoin settlement network. This blueprint remains the clearest articulation of the project's long-term direction. (December 2, 2025) 3
OpenEden was highlighted as a leading RWA protocol bridging traditional finance with Web3 by tokenizing U.S. Treasury Bills, noted as the largest tokenized U.S. Treasury issuer in Asia and Europe, with its flagship product carrying an "AA+" rating from S&P Global and an "A" rating from Moody's. This recognition underscores the project's institutional credibility and market position. (December 29, 2025) 4
The native token EDEN, which serves governance and utility roles and offers holders fee discounts, was noted as trading around $0.04102 with a market capitalization of approximately $237.92 million, with its all-time high recorded on September 30, 2025. This provides context on the token's market standing within the broader OpenEden ecosystem. (December 29, 2025) 4