Convert OUSG OUSG to Rainbow RNBW
1 OUSG converts to 6,279.56 RNBW
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About OUSG and RNBW
OUSG is climbing, while Rainbow is falling this week. The current OUSG to RNBW conversion rate is 6,279.56. Inversely, this means that if you convert 1 RNBW you will get 0.0001592 OUSG. The conversion rate of OUSG/RNBW has decreased by 0.96% in the last hour (RNBW/OUSG increased by 0.96%). In the last 24 hours, OUSG/RNBW grew by 17.49%, while RNBW/OUSG shrunk by the same amount.
The exchange rate of OUSG is increasing. The current value of 1 OUSG is 6,279.56 RNBW. In other words, to buy 5 OUSG, it would cost you 31,397.81 RNBW. Inversely, 1 RNBW would allow you to trade for 0.0001592 OUSG while 50 RNBW would convert to 0.007962 OUSG, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 8.12%. Meanwhile, in the last 24 hours, the rate has changed by 14.77%, and that the highest exchange rate of 1 OUSG to RNBW was 6,401.19 RNBW and the lowest 24 hour value was 1 OUSG for 5,352.10 RNBW. Last month, 1 OUSG was worth 6,964.14 RNBW. Today, it's down 10.9%. Looking back a year, OUSG has changed by ∞ RNBW. That means that in a single year, the value of OUSG has shrank by ∞%.
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.
Rainbow Market Stats
Rainbow (RNBW) is a digital asset associated with Rainbow, a self-custodial wallet application for managing crypto assets and interacting with Ethereum-based networks and decentralized applications.
Conversion tables
OUSG to RNBW values from Today at 10:44 pm
0.5 OUSG = 3,139.78 RNBW |
1 OUSG = 6,279.56 RNBW |
5 OUSG = 31,397.81 RNBW |
10 OUSG = 62,795.62 RNBW |
50 OUSG = 313,978.08 RNBW |
100 OUSG = 627,956.16 RNBW |
500 OUSG = 3,139,780.81 RNBW |
1,000 OUSG = 6,279,561.62 RNBW |
RNBW to OUSG values from Today at 10:44 pm
0.5 RNBW = 0.00007962 OUSG |
1 RNBW = 0.0001592 OUSG |
5 RNBW = 0.0007962 OUSG |
10 RNBW = 0.001592 OUSG |
50 RNBW = 0.007962 OUSG |
100 RNBW = 0.01592 OUSG |
500 RNBW = 0.07962 OUSG |
1,000 RNBW = 0.1592 OUSG |
OUSG to RNBW over time
OUSG | Today | 24H 14.77% | 1M -10.90% | 1Y 98.23% |
|---|---|---|---|---|
0.5 OUSG | 3,139.78 RNBW | 2,676.05 RNBW | 3,482.07 RNBW | 55.48 RNBW |
1 OUSG | 6,279.56 RNBW | 5,352.10 RNBW | 6,964.14 RNBW | 110.95 RNBW |
5 OUSG | 31,397.81 RNBW | 26,760.51 RNBW | 34,820.70 RNBW | 554.77 RNBW |
10 OUSG | 62,795.62 RNBW | 53,521.02 RNBW | 69,641.41 RNBW | 1,109.54 RNBW |
50 OUSG | 313,978.08 RNBW | 267,605.11 RNBW | 348,207.04 RNBW | 5,547.69 RNBW |
100 OUSG | 627,956.16 RNBW | 535,210.22 RNBW | 696,414.08 RNBW | 11,095.38 RNBW |
500 OUSG | 3,139,780.81 RNBW | 2,676,051.11 RNBW | 3,482,070.41 RNBW | 55,476.91 RNBW |
1,000 OUSG | 6,279,561.62 RNBW | 5,352,102.22 RNBW | 6,964,140.82 RNBW | 110,953.82 RNBW |
Frequently asked questions
Right now, 1 OUSG is worth about $115.67.
Based on the current rate, you could get 0.008645 OUSG for 1 USD.
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 USD calculator at the top of this page to convert any amount of OUSG to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.04323 OUSG. Inversely, 5 OUSG will cost about $578.35
OUSG can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy OUSG.
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