Convert Malagasy Ariary MGA to OUSG OUSG
MGA to OUSG: 1 Malagasy Ariary converts to 0.000002008 OUSG
OUSG (OUSG) is not tradable on Coinbase.
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About OUSG
OUSG is climbing this week. The current price of OUSG is MGA 498,004.13 per OUSG. With a circulating supply of 3,497,581.713 OUSG, it means that OUSG has a total market cap of MGA 1,741,754,725,278.97. The amount of OUSG traded has fallen by MGA 0 in the last 24 hours, which is a 0.00% decrease. Additionally, in the last day, MGA 0 worth of OUSG has been traded.
The exchange rate of OUSG is increasing. The current value of 1 OUSG is MGA 498,004.13 MGA. In other words, to buy 5 OUSG, it would cost you MGA 2,490,020.66 MGA. Inversely, MGA 1 MGA would allow you to trade for 0.000002008 OUSG while MGA 50 MGA would convert to 0.0001004 OUSG, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.06%. Meanwhile, in the last 24 hours, the rate has changed by 0.01%, which means that the highest exchange rate of 1 OUSG to MGA was MGA 500,119.92 MGA and the lowest 24 hour value was 1 OUSG for MGA 490,327.60 MGA. Last month, 1 OUSG was worth MGA 480,511.19 MGA. Today, it's up 0.28%. Looking back a year, OUSG has changed by MGA 498,165.32 MGA. That means that in a single year, the value of OUSG has grown by 3.66%.
OUSG Market Stats
OUSG is a tokenized short-term US Treasury bills ETF, overseen and managed by Ondo Capital Management, a subsidiary of Ondo Finance. The significant majority of this portfolio is held in the iShares Short Treasury Bond ETF (NASDAQ: SHV). There is also a small portion of USDC and USD for liquidity purposes. OUSG brings exposure to the ‘risk-free’ US Treasury rate on-chain for the first time. OUSG is an investment option that delivers a stable and predictable return while offering deep liquidity. Ondo funds such as OUSG only ever invest into ETFs backed by secure, stable, and liquid securities; these are the same assets in which trillions of dollars are invested every day by the world's largest institutions. OUSG was developed alongside two other fund tokens, OSTB and OHYG, by Ondo Finance, a software development firm in DeFi. Ondo launched in August 2021. Its first product was Ondo Vaults, a structured finance protocol on Ethereum. Later that year, Ondo launched Liquidity-as-a-Service (LaaS), facilitating over $210M in total liquidity provided. As DeFi yields compressed in 2022, the Ondo team decided to sunset Vaults and LaaS (together, "Ondo V1") to focus on next-generation protocols. Ondo V2, including Ondo’s tokenized funds, were announced by Nathan Allman in January 2023. Ondo funds subsequently opened to subscriptions soon after. What can OUSG be Used For? For investors who pass KYC and AML screening and sign subscription documents, OUSG tokens represent ownership in the fund. Investors can transfer these tokens between each other to effect changes in fund ownership. Investors can also use smart contracts to facilitate their financial arrangements such as by engaging in lending and trading activities with each other. The tokens themselves have transfer restrictions that will ensure they do not end up in the hands of anyone not appropriately qualified as an investor in the fund.
Conversion tables
MGA to OUSG values from Today at
MGA 1 MGA = 0.000001004 OUSG |
MGA 1 MGA = 0.000002008 OUSG |
MGA 5 MGA = 0.00001004 OUSG |
MGA 10 MGA = 0.00002008 OUSG |
MGA 50 MGA = 0.0001004 OUSG |
MGA 100 MGA = 0.0002008 OUSG |
MGA 500 MGA = 0.001004 OUSG |
MGA 1,000 MGA = 0.002008 OUSG |
OUSG to MGA values from Today at 10:18 pm
0.5 OUSG = MGA 249,002.07 MGA |
1 OUSG = MGA 498,004.13 MGA |
5 OUSG = MGA 2,490,020.66 MGA |
10 OUSG = MGA 4,980,041.32 MGA |
50 OUSG = MGA 24,900,206.59 MGA |
100 OUSG = MGA 49,800,413.18 MGA |
500 OUSG = MGA 249,002,065.88 MGA |
1,000 OUSG = MGA 498,004,131.76 MGA |
MGA to OUSG over time
MGA | Today | 24H -0.00% | 1M -0.00% | 1Y -0.00% |
|---|---|---|---|---|
0.5 MGA | 0.000001004 OUSG | 0.000001007 OUSG | 0.000001041 OUSG | 0.000001004 OUSG |
1 MGA | 0.000002008 OUSG | 0.000002014 OUSG | 0.000002081 OUSG | 0.000002007 OUSG |
5 MGA | 0.00001004 OUSG | 0.00001007 OUSG | 0.00001041 OUSG | 0.00001004 OUSG |
10 MGA | 0.00002008 OUSG | 0.00002014 OUSG | 0.00002081 OUSG | 0.00002007 OUSG |
50 MGA | 0.0001004 OUSG | 0.0001007 OUSG | 0.0001041 OUSG | 0.0001004 OUSG |
100 MGA | 0.0002008 OUSG | 0.0002014 OUSG | 0.0002081 OUSG | 0.0002007 OUSG |
500 MGA | 0.001004 OUSG | 0.001007 OUSG | 0.001041 OUSG | 0.001004 OUSG |
1,000 MGA | 0.002008 OUSG | 0.002014 OUSG | 0.002081 OUSG | 0.002007 OUSG |
Frequently asked questions
Right now, 1 OUSG is worth about MGA 498,004.13.
Based on the current rate, you could get 0.000002008 OUSG for 1 MGA.
OUSG price has been on the rise. Since yesterday, the exchange rate of OUSG has increased. Since last month, the exchange rate of OUSG has increased. Since this time last year, the price of OUSG has increased.
You can use our OUSG to MGA calculator at the top of this page to convert any amount of OUSG to MGA. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 MGA is equivalent to 0.00001004 OUSG. Inversely, 5 OUSG will cost about MGA 2,490,020.66
OUSG can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy OUSG.
There are a number of crypto assets that have the a similar or comparable market cap to OUSG, including iAgent Protocol, Chasm, and Ionic Tether USD. For a more robust list of assets to explore, jump to the asset page dedicated to OUSG.
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