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What is Origin Dollar (OUSD)?

Origin Dollar is the first stablecoin that provides a yield while remaining in your wallet. It (OUSD) is an ERC-20 token on the Ethereum network, backed 1:1 by stablecoins such as USDT, USDC, and DAI. This ensures that 1 OUSD is generally very close in value to 1 USD. Users can convert their existing stablecoins (USDT, USDC, DAI) to OUSD using the official Origin Dollar DApp. OUSD begins earning compound interest immediately upon receipt. The DApp intelligently routes transactions to offer the best rates, considering slippage and gas fees. Sometimes, it encourages purchasing OUSD already in circulation rather than minting new tokens from the vault. The DApp sources liquidity from multiple places and suggests the optimal rate for users.

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