About USDS and OUSG
USDS is falling, while OUSG is climbing this week. The current USDS to OUSG conversion rate is 0.008603. Inversely, this means that if you convert 1 OUSG you will get 116.24 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 0.008603 OUSG. In other words, to buy 5 USDS, it would cost you 0.043013 OUSG. Inversely, 1 OUSG would allow you to trade for 116.24 USDS while 50 OUSG would convert to 5,812.18 USDS, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.07%. 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 0.008604 OUSG and the lowest 24 hour value was 1 USDS for 0.008602 OUSG. Last month, 1 USDS was worth 0.008628 OUSG. Today, it's down 0.29%. Looking back a year, USDS has changed by 0.008911 OUSG. That means that in a single year, the value of USDS has shrank by 3.59%.
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 12:35 pm
0.5 USDS = 0.004301 OUSG |
1 USDS = 0.008603 OUSG |
5 USDS = 0.04301 OUSG |
10 USDS = 0.08603 OUSG |
50 USDS = 0.4301 OUSG |
100 USDS = 0.8603 OUSG |
500 USDS = 4.30 OUSG |
1,000 USDS = 8.60 OUSG |
OUSG to USDS values from Today at 12:35 pm
0.5 OUSG = 58.12 USDS |
1 OUSG = 116.24 USDS |
5 OUSG = 581.22 USDS |
10 OUSG = 1,162.44 USDS |
50 OUSG = 5,812.18 USDS |
100 OUSG = 11,624.35 USDS |
500 OUSG = 58,121.77 USDS |
1,000 OUSG = 116,243.54 USDS |
USDS to OUSG over time
USDS | Today | 24H -0.01% | 1M -0.29% | 1Y -3.59% |
|---|---|---|---|---|
0.5 USDS | 0.004301 OUSG | 0.004302 OUSG | 0.004314 OUSG | 0.004456 OUSG |
1 USDS | 0.008603 OUSG | 0.008603 OUSG | 0.008628 OUSG | 0.008911 OUSG |
5 USDS | 0.04301 OUSG | 0.04302 OUSG | 0.04314 OUSG | 0.04456 OUSG |
10 USDS | 0.08603 OUSG | 0.08603 OUSG | 0.08628 OUSG | 0.08911 OUSG |
50 USDS | 0.4301 OUSG | 0.4302 OUSG | 0.4314 OUSG | 0.4456 OUSG |
100 USDS | 0.8603 OUSG | 0.8603 OUSG | 0.8628 OUSG | 0.8911 OUSG |
500 USDS | 4.30 OUSG | 4.30 OUSG | 4.31 OUSG | 4.46 OUSG |
1,000 USDS | 8.60 OUSG | 8.60 OUSG | 8.63 OUSG | 8.91 OUSG |
Frequently asked questions
Right now, 1 USDS is worth about €0.8647.
Based on the current rate, you could get 1.16 USDS for 1 EUR.
USDS price has been declining. Since yesterday, the exchange rate of USDS has decreased. Since last month, the exchange rate of USDS has decreased. Since this time last year, the price of USDS has decreased.
You can use our USDS to EUR calculator at the top of this page to convert any amount of USDS to EUR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 EUR is equivalent to 5.78 USDS. Inversely, 5 USDS will cost about €4.32
USDS can be custodied on Coinbase Wallet. 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 WSB (wsbcoin.meme). For a more robust list of assets to explore, jump to the asset page dedicated to USDS.
Related conversions
Learn how to buy popular cryptocurrencies
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.