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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About USDS and OUSG
USDS is falling, while OUSG is climbing this week. The current USDS to OUSG conversion rate is 0.008593. Inversely, this means that if you convert 1 OUSG you will get 116.38 USDS. The conversion rate of USDS/OUSG has increased by 0% in the last hour (OUSG/USDS decreased by 0%). In the last 24 hours, USDS/OUSG shrunk by 0.01%, while OUSG/USDS grew by the same amount.
The exchange rate of USDS is decreasing. The current value of 1 USDS is 0.008593 OUSG. In other words, to buy 5 USDS, it would cost you 0.042964 OUSG. Inversely, 1 OUSG would allow you to trade for 116.38 USDS while 50 OUSG would convert to 5,818.85 USDS, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.06%. Meanwhile, in the last 24 hours, the rate has changed by 0.01%, and that the highest exchange rate of 1 USDS to OUSG was 0.008594 OUSG and the lowest 24 hour value was 1 USDS for 0.008591 OUSG. Last month, 1 USDS was worth 0.008617 OUSG. Today, it's down 0.28%. Looking back a year, USDS has changed by 0.008899 OUSG. That means that in a single year, the value of USDS has shrank by 3.57%.
USDS Market Stats
The USDS token is a decentralized, collateral-backed stablecoin native to the Sky Protocol (formerly MakerDAO). It is designed to maintain a value pegged to the US dollar and serves as the upgraded successor to DAI.
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
USDS to OUSG values from Today at 9:12 pm
0.5 USDS = 0.004296 OUSG |
1 USDS = 0.008593 OUSG |
5 USDS = 0.04296 OUSG |
10 USDS = 0.08593 OUSG |
50 USDS = 0.4296 OUSG |
100 USDS = 0.8593 OUSG |
500 USDS = 4.30 OUSG |
1,000 USDS = 8.59 OUSG |
OUSG to USDS values from Today at 9:18 pm
0.5 OUSG = 58.19 USDS |
1 OUSG = 116.38 USDS |
5 OUSG = 581.88 USDS |
10 OUSG = 1,163.77 USDS |
50 OUSG = 5,818.85 USDS |
100 OUSG = 11,637.69 USDS |
500 OUSG = 58,188.47 USDS |
1,000 OUSG = 116,376.94 USDS |
USDS to OUSG over time
USDS | Today | 24H -0.01% | 1M -0.28% | 1Y -3.57% |
|---|---|---|---|---|
0.5 USDS | 0.004296 OUSG | 0.004297 OUSG | 0.004309 OUSG | 0.00445 OUSG |
1 USDS | 0.008593 OUSG | 0.008594 OUSG | 0.008617 OUSG | 0.008899 OUSG |
5 USDS | 0.04296 OUSG | 0.04297 OUSG | 0.04309 OUSG | 0.0445 OUSG |
10 USDS | 0.08593 OUSG | 0.08594 OUSG | 0.08617 OUSG | 0.08899 OUSG |
50 USDS | 0.4296 OUSG | 0.4297 OUSG | 0.4309 OUSG | 0.445 OUSG |
100 USDS | 0.8593 OUSG | 0.8594 OUSG | 0.8617 OUSG | 0.8899 OUSG |
500 USDS | 4.30 OUSG | 4.30 OUSG | 4.31 OUSG | 4.45 OUSG |
1,000 USDS | 8.59 OUSG | 8.59 OUSG | 8.62 OUSG | 8.90 OUSG |
Frequently asked questions
Right now, 1 USDS is worth about $1.00.
Based on the current rate, you could get 1.00 USDS for 1 USD.
USDS price has been on the rise. Since yesterday, the exchange rate of USDS has increased. Since last month, the exchange rate of USDS has increased. Since this time last year, the price of USDS has increased.
You can use our USDS to USD calculator at the top of this page to convert any amount of USDS to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 5.00 USDS. Inversely, 5 USDS will cost about $5.00
USDS is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy USDS.
There are a number of crypto assets that have the a similar or comparable market cap to USDS, including Lido wstETH, Wrapped Beacon ETH, and Lido Staked ETH. For a more robust list of assets to explore, jump to the asset page dedicated to USDS.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.