Convert USDS USDS to OUSG OUSG

Earn up to $2,000 when you buy $50 in crypto¹

Restrictions apply, see full terms.

Restrictions apply, see full terms.

About USDS and OUSG

USDS is falling, while OUSG is climbing this week. The current USDS to OUSG conversion rate is 0.008659. Inversely, this means that if you convert 1 OUSG you will get 115.49 USDS. The conversion rate of USDS/OUSG has decreased by 0% in the last hour (OUSG/USDS increased 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 0.008659 OUSG. In other words, to buy 5 USDS, it would cost you 0.043293 OUSG. Inversely, 1 OUSG would allow you to trade for 115.49 USDS while 50 OUSG would convert to 5,774.58 USDS, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 0.09%. 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 0.00866 OUSG and the lowest 24 hour value was 1 USDS for 0.008654 OUSG. Last month, 1 USDS was worth 0.008681 OUSG. Today, it's down 0.26%. Looking back a year, USDS has changed by 0.008975 OUSG. That means that in a single year, the value of USDS has shrank by 3.66%.

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.

$0.9999Price
$10.65BMarket cap
$124.76MVolume (24h)
10.7B USDSCir. Supply

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.

$115.47Price
$504.45MMarket cap
--Volume (24h)
4.4M OUSGCir. Supply

Conversion tables

USDS to OUSG values from Today at 1:43 pm

0.5 USDS = 0.004329 OUSG
1 USDS = 0.008659 OUSG
5 USDS = 0.04329 OUSG
10 USDS = 0.08659 OUSG
50 USDS = 0.4329 OUSG
100 USDS = 0.8659 OUSG
500 USDS = 4.33 OUSG
1,000 USDS = 8.66 OUSG

OUSG to USDS values from Today at 1:42 pm

0.5 OUSG = 57.75 USDS
1 OUSG = 115.49 USDS
5 OUSG = 577.46 USDS
10 OUSG = 1,154.92 USDS
50 OUSG = 5,774.58 USDS
100 OUSG = 11,549.16 USDS
500 OUSG = 57,745.82 USDS
1,000 OUSG = 115,491.64 USDS

USDS to OUSG over time

USDS
Today
24H
-0.01%
1M
-0.26%
1Y
-3.66%
0.5 USDS
0.004329 OUSG
0.00433 OUSG
0.004341 OUSG
0.004488 OUSG
1 USDS
0.008659 OUSG
0.00866 OUSG
0.008681 OUSG
0.008975 OUSG
5 USDS
0.04329 OUSG
0.0433 OUSG
0.04341 OUSG
0.04488 OUSG
10 USDS
0.08659 OUSG
0.0866 OUSG
0.08681 OUSG
0.08975 OUSG
50 USDS
0.4329 OUSG
0.433 OUSG
0.4341 OUSG
0.4488 OUSG
100 USDS
0.8659 OUSG
0.866 OUSG
0.8681 OUSG
0.8975 OUSG
500 USDS
4.33 OUSG
4.33 OUSG
4.34 OUSG
4.49 OUSG
1,000 USDS
8.66 OUSG
8.66 OUSG
8.68 OUSG
8.98 OUSG

Frequently asked questions

Right now, 1 USDS is worth about $0.9999.

Based on the current rate, you could get 1.00 USDS for 1 USD.

USDS price has been declining. Since yesterday, the exchange rate of USDS has decreased. 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 Staked ETH, Lido wstETH, and Wrapped Bitcoin. For a more robust list of assets to explore, jump to the asset page dedicated to USDS.

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