About OUSG and RED
OUSG is climbing, while Redstone is falling this week. The current OUSG to RED conversion rate is 770.18. Inversely, this means that if you convert 1 RED you will get 0.001298 OUSG. The conversion rate of OUSG/RED has increased by 0.46% in the last hour (RED/OUSG decreased by 0.46%). In the last 24 hours, OUSG/RED grew by 0.86%, while RED/OUSG shrunk by the same amount.
The exchange rate of OUSG is increasing. The current value of 1 OUSG is 770.18 RED. In other words, to buy 5 OUSG, it would cost you 3,850.90 RED. Inversely, 1 RED would allow you to trade for 0.001298 OUSG while 50 RED would convert to 0.06492 OUSG, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 12.66%. Meanwhile, in the last 24 hours, the rate has changed by 0.88%, and that the highest exchange rate of 1 OUSG to RED was 794.04 RED and the lowest 24 hour value was 1 OUSG for 758.66 RED. Last month, 1 OUSG was worth 1,079.77 RED. Today, it's down 40.2%. Looking back a year, OUSG has changed by 220.91 RED. That means that in a single year, the value of OUSG has grown by 71.32%.
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.
Redstone Market Stats
Redstone is a modular blockchain oracle. Redstone’s native token, RED, can be staked by data providers, who supply data to RedStone’s modular oracle network, and by token holders, who enhance network security through direct staking in RedStone’s EigenLayer Actively Validated Service (AVS).
Conversion tables
OUSG to RED values from Today at 8:11 am
0.5 OUSG = 385.09 RED |
1 OUSG = 770.18 RED |
5 OUSG = 3,850.90 RED |
10 OUSG = 7,701.81 RED |
50 OUSG = 38,509.05 RED |
100 OUSG = 77,018.10 RED |
500 OUSG = 385,090.50 RED |
1,000 OUSG = 770,181.00 RED |
RED to OUSG values from Today at 8:03 am
0.5 RED = 0.0006492 OUSG |
1 RED = 0.001298 OUSG |
5 RED = 0.006492 OUSG |
10 RED = 0.01298 OUSG |
50 RED = 0.06492 OUSG |
100 RED = 0.1298 OUSG |
500 RED = 0.6492 OUSG |
1,000 RED = 1.30 OUSG |
OUSG to RED over time
OUSG | Today | 24H 0.88% | 1M -40.20% | 1Y 71.32% |
|---|---|---|---|---|
0.5 OUSG | 385.09 RED | 381.69 RED | 539.88 RED | 110.46 RED |
1 OUSG | 770.18 RED | 763.37 RED | 1,079.77 RED | 220.91 RED |
5 OUSG | 3,850.90 RED | 3,816.87 RED | 5,398.83 RED | 1,104.56 RED |
10 OUSG | 7,701.81 RED | 7,633.74 RED | 10,797.65 RED | 2,209.13 RED |
50 OUSG | 38,509.05 RED | 38,168.71 RED | 53,988.26 RED | 11,045.63 RED |
100 OUSG | 77,018.10 RED | 76,337.42 RED | 107,976.52 RED | 22,091.25 RED |
500 OUSG | 385,090.50 RED | 381,687.08 RED | 539,882.62 RED | 110,456.26 RED |
1,000 OUSG | 770,181.00 RED | 763,374.16 RED | 1,079,765.24 RED | 220,912.52 RED |
Frequently asked questions
Right now, 1 OUSG is worth about ARS 176,596.15.
Based on the current rate, you could get 0.000005663 OUSG for 1 ARS.
You can use our OUSG to ARS calculator at the top of this page to convert any amount of OUSG to ARS. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 ARS is equivalent to 0.00002831 OUSG. Inversely, 5 OUSG will cost about ARS 882,980.77
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 SIX Network, Silk, and SONIK. For a more robust list of assets to explore, jump to the asset page dedicated to OUSG.
Related conversions
Popular cryptocurrency conversions
Discover other cryptocurrencies to currency conversions
Discover other cryptocurrency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
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.