Convert OUSG OUSG to Australian Digital Dollar AUDD
OUSG to AUDD: 1 OUSG converts to 171.18 AUDD
About OUSG and AUDD
OUSG is climbing, while Australian Digital Dollar is falling this week. The current OUSG to AUDD conversion rate is 171.18. Inversely, this means that if you convert 1 AUDD you will get 0.005842 OUSG. The conversion rate of OUSG/AUDD has increased by 2.22% in the last hour (AUDD/OUSG decreased by 2.17%). In the last 24 hours, OUSG/AUDD grew by 2.47%, while AUDD/OUSG shrunk by 2.41%.
The exchange rate of OUSG is increasing. The current value of 1 OUSG is 171.18 AUDD. In other words, to buy 5 OUSG, it would cost you 855.92 AUDD. Inversely, 1 AUDD would allow you to trade for 0.005842 OUSG while 50 AUDD would convert to 0.2921 OUSG, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 2.37%. Meanwhile, in the last 24 hours, the rate has changed by 0.28%, which means that the highest exchange rate of 1 OUSG to AUDD was 171.27 AUDD and the lowest 24 hour value was 1 OUSG for 170.26 AUDD. Last month, 1 OUSG was worth 167.34 AUDD. Today, it's up 2.3%. Looking back a year, OUSG has changed by 167.33 AUDD. That means that in a single year, the value of OUSG has grown by 2.31%.
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.
Australian Digital Dollar Market Stats
Conversion tables
OUSG to AUDD values from Today at 9:53 pm
0.5 OUSG = 85.59 AUDD |
1 OUSG = 171.18 AUDD |
5 OUSG = 855.92 AUDD |
10 OUSG = 1,711.85 AUDD |
50 OUSG = 8,559.24 AUDD |
100 OUSG = 17,118.49 AUDD |
500 OUSG = 85,592.43 AUDD |
1,000 OUSG = 171,184.86 AUDD |
AUDD to OUSG values from Today at 9:53 pm
0.5 AUDD = 0.002921 OUSG |
1 AUDD = 0.005842 OUSG |
5 AUDD = 0.02921 OUSG |
10 AUDD = 0.05842 OUSG |
50 AUDD = 0.2921 OUSG |
100 AUDD = 0.5842 OUSG |
500 AUDD = 2.92 OUSG |
1,000 AUDD = 5.84 OUSG |
OUSG to AUDD over time
OUSG | Today | 24H 0.28% | 1M 2.24% | 1Y 2.25% |
|---|---|---|---|---|
0.5 OUSG | 85.59 AUDD | 85.35 AUDD | 83.67 AUDD | 83.66 AUDD |
1 OUSG | 171.18 AUDD | 170.70 AUDD | 167.34 AUDD | 167.33 AUDD |
5 OUSG | 855.92 AUDD | 853.51 AUDD | 836.71 AUDD | 836.64 AUDD |
10 OUSG | 1,711.85 AUDD | 1,707.01 AUDD | 1,673.43 AUDD | 1,673.27 AUDD |
50 OUSG | 8,559.24 AUDD | 8,535.05 AUDD | 8,367.14 AUDD | 8,366.37 AUDD |
100 OUSG | 17,118.49 AUDD | 17,070.11 AUDD | 16,734.27 AUDD | 16,732.74 AUDD |
500 OUSG | 85,592.43 AUDD | 85,350.54 AUDD | 83,671.36 AUDD | 83,663.72 AUDD |
1,000 OUSG | 171,184.86 AUDD | 170,701.07 AUDD | 167,342.72 AUDD | 167,327.45 AUDD |
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