Convert OUSG OUSG to Ondo US Dollar Yield USDY
OUSG to USDY: 1 OUSG converts to 101.91 USDY
About OUSG and USDY
OUSG is falling, while Ondo US Dollar Yield is climbing this week. The current OUSG to USDY conversion rate is 101.91. Inversely, this means that if you convert 1 USDY you will get 0.009813 OUSG. The conversion rate of OUSG/USDY has increased by 0.02% in the last hour (USDY/OUSG decreased by 0.02%). In the last 24 hours, OUSG/USDY shrunk by 0.2%, while USDY/OUSG grew by the same amount.
The exchange rate of OUSG is decreasing. The current value of 1 OUSG is 101.91 USDY. In other words, to buy 5 OUSG, it would cost you 509.54 USDY. Inversely, 1 USDY would allow you to trade for 0.009813 OUSG while 50 USDY would convert to 0.4906 OUSG, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.03%. Meanwhile, in the last 24 hours, the rate has changed by 0.06%, which means that the highest exchange rate of 1 OUSG to USDY was 102.62 USDY and the lowest 24 hour value was 1 OUSG for 101.12 USDY. Last month, 1 OUSG was worth 102.11 USDY. Today, it's down 0.19%. Looking back a year, OUSG has changed by 102.00 USDY. That means that in a single year, the value of OUSG has shrank by 0.09%.
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.
Ondo US Dollar Yield Market Stats
Ondo US Dollar Yield (USDY) is a cryptocurrency and operates on the Ethereum platform. Ondo US Dollar Yield has a current supply of 1,888,621,272.77097648. The last known price of Ondo US Dollar Yield is 1.13339395 USD and is down -0.05 over the last 24 hours. It is currently trading on 53 active market(s) with $23,431.93 traded over the last 24 hours.
Conversion tables
OUSG to USDY values from Today at 9:22 pm
0.5 OUSG = 50.95 USDY |
1 OUSG = 101.91 USDY |
5 OUSG = 509.54 USDY |
10 OUSG = 1,019.07 USDY |
50 OUSG = 5,095.37 USDY |
100 OUSG = 10,190.73 USDY |
500 OUSG = 50,953.65 USDY |
1,000 OUSG = 101,907.31 USDY |
USDY to OUSG values from Today at 9:20 pm
0.5 USDY = 0.004906 OUSG |
1 USDY = 0.009813 OUSG |
5 USDY = 0.04906 OUSG |
10 USDY = 0.09813 OUSG |
50 USDY = 0.4906 OUSG |
100 USDY = 0.9813 OUSG |
500 USDY = 4.91 OUSG |
1,000 USDY = 9.81 OUSG |
OUSG to USDY over time
OUSG | Today | 24H -0.06% | 1M -0.19% | 1Y -0.09% |
|---|---|---|---|---|
0.5 OUSG | 50.95 USDY | 50.98 USDY | 51.05 USDY | 51.00 USDY |
1 OUSG | 101.91 USDY | 101.97 USDY | 102.11 USDY | 102.00 USDY |
5 OUSG | 509.54 USDY | 509.83 USDY | 510.53 USDY | 510.02 USDY |
10 OUSG | 1,019.07 USDY | 1,019.65 USDY | 1,021.05 USDY | 1,020.03 USDY |
50 OUSG | 5,095.37 USDY | 5,098.25 USDY | 5,105.27 USDY | 5,100.17 USDY |
100 OUSG | 10,190.73 USDY | 10,196.51 USDY | 10,210.54 USDY | 10,200.34 USDY |
500 OUSG | 50,953.65 USDY | 50,982.53 USDY | 51,052.68 USDY | 51,001.70 USDY |
1,000 OUSG | 101,907.31 USDY | 101,965.05 USDY | 102,105.35 USDY | 102,003.40 USDY |
Frequently asked questions
Right now, 1 OUSG is worth about $115.61.
Based on the current rate, you could get 0.00865 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 0.04325 OUSG. Inversely, 5 OUSG will cost about $578.07
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 Nitro Network, Cindicator, and BnkToTheFuture. For a more robust list of assets to explore, jump to the asset page dedicated to OUSG.
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