That's how it keeps pegged to 1USD, for every OUSD, there is 1 USDT/DAI/USDC as a backup in the vault
so based on another stable coin. not real usd?
Ust and OUSD mechanisms are different. You can see the differences after checking our Ousd doc: https://docs.ousd.com/how-it-works
why don't backup by usd? it's safest way for stable coin
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