Convert OUSG OUSG to United Arab Emirates Dirham AED
1 OUSG converts to AED 424.37 AED as of June 15 at 5:12 PM
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About OUSG
OUSG is falling this week. The current price of OUSG is AED 424.37 per OUSG. With a circulating supply of 4,144,360.977 OUSG, it means that OUSG has a total market cap of AED 1,758,763,571.89. The amount of OUSG traded has fallen by AED 0.00 in the last 24 hours, which is a 0.00% decrease. Additionally, in the last day, AED 0.00 worth of OUSG has been traded.
The exchange rate of OUSG is increasing. The current value of 1 OUSG is AED 424.37 AED. In other words, to buy 5 OUSG, it would cost you AED 2,121.85 AED. Inversely, AED 1.00 AED would allow you to trade for 0.002356 OUSG while AED 50.00 AED would convert to 0.1178 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%, which means that the highest exchange rate of 1 OUSG to AED was AED 0.00 AED and the lowest 24 hour value was 1 OUSG for AED∞ AED. Last month, 1 OUSG was worth AED 0.00 AED. Today, it's up 0.27%. Looking back a year, OUSG has changed by AED 0.00 AED. That means that in a single year, the value of OUSG has grown by 3.67%.
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
OUSG to AED values from Today at 5:12 pm
0.5 OUSG = AED 212.18 AED |
1 OUSG = AED 424.37 AED |
5 OUSG = AED 2,121.85 AED |
10 OUSG = AED 4,243.69 AED |
50 OUSG = AED 21,218.45 AED |
100 OUSG = AED 42,436.90 AED |
500 OUSG = AED 212,184.50 AED |
1,000 OUSG = AED 424,369.01 AED |
AED to OUSG values from Today at
AED 0.50 AED = 0.001178 OUSG |
AED 1.00 AED = 0.002356 OUSG |
AED 5.00 AED = 0.01178 OUSG |
AED 10.00 AED = 0.02356 OUSG |
AED 50.00 AED = 0.1178 OUSG |
AED 100.00 AED = 0.2356 OUSG |
AED 500.00 AED = 1.18 OUSG |
AED 1,000.00 AED = 2.36 OUSG |
OUSG to AED over time
OUSG | Today | 24H 100.00% | 1M 100.00% | 1Y 100.00% |
|---|---|---|---|---|
0.5 OUSG | AED 212.18 AED | AED 0.00 AED | AED 0.00 AED | AED 0.00 AED |
1 OUSG | AED 424.37 AED | AED 0.00 AED | AED 0.00 AED | AED 0.00 AED |
5 OUSG | AED 2,121.85 AED | AED 0.00 AED | AED 0.00 AED | AED 0.00 AED |
10 OUSG | AED 4,243.69 AED | AED 0.00 AED | AED 0.00 AED | AED 0.00 AED |
50 OUSG | AED 21,218.45 AED | AED 0.00 AED | AED 0.00 AED | AED 0.00 AED |
100 OUSG | AED 42,436.90 AED | AED 0.00 AED | AED 0.00 AED | AED 0.00 AED |
500 OUSG | AED 212,184.50 AED | AED 0.00 AED | AED 0.00 AED | AED 0.00 AED |
1,000 OUSG | AED 424,369.01 AED | AED 0.00 AED | AED 0.00 AED | AED 0.00 AED |
Frequently asked questions
Right now, 1 OUSG is worth about AED 424.37.
Based on the current rate, you could get 0.002356 OUSG for 1 AED.
You can use our OUSG to AED calculator at the top of this page to convert any amount of OUSG to AED. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 AED is equivalent to 0.01178 OUSG. Inversely, 5 OUSG will cost about AED 2,121.85
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 Lympo, Bismuth, and Phoenix Global [Old]. For a more robust list of assets to explore, jump to the asset page dedicated to OUSG.
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