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Gerry-

What is the backup of OUSD (underlying asset)?

#cryptocurrency #english #origin
0

3 ответов

15 просмотров
Ricardo-| Origin Protocol

Hello! OUSD is 1:1 backed by existing stablecoins (USDT, USDC, and DAI), it maintains its peg as long as the underlying assets do as well. While there are minor fluctuations in price in USDT, USDC, and DAI, they generally converge towards $1 USD.

0
28.03.2022
Gerry- Автор вопроса
Ricardo | Origin Protocol
Hello! OUSD is 1:1 backed by existing stablecoins ...

Nice explanation. Thank you

0
28.03.2022

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