Bermuda-open sets a new standard for Stablecoins with the launch of Opendollar (USDO), the world’s first regulated, yielding digital dollar fully supported by Tokenized American treasury. (Photo: Jeremy Ng Speaking, Founder and CEO of Openeden Group)
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As a fully conforming and transparent stablecoin, USDO combines the stability of traditional Fiat-supported Stablecoins with the Real-World yield from American treasury notes, which offer sustainable, on-chains solution for decentralized finances (Defi) and institutional use.
“USDO represents a fundamental shift in how we view Stablecoins. We improve the usefulness of traditional Fiat-supported Stablecoins with sustainable yields, full regulatory compliance and complete transparency at the chain, and offers a product designed for today’s advanced users. “
Jeremy NG, founder and CEO of Openeden Group
Revolution about stablecoins with Real-World yield
USDO is issued by Openeden Digital, a Bermuda -based branch of Openeden Group, and has received a Bermuda Digital Asset Business Act (DABA) permit. In contrast to traditional stablecoins, USDO becomes completely collateral by Tokenized American treasury, which supports its value by a safe and stable activa class. This unique structure enables USDO holders to earn indigenous American treasury yield and offers a sustainable alternative to other stablecoins that do not generate any income.
Due to the integration with OpenReden’s TBILL Vault, a smart contract protocol managed by the BVI-regulated professional fund of Openeden, USDO offers real-time proof of reserves and immediate 24/7 access to Tokenized American treasury drawings. These TBILL tokens are the very first Moody’s investment quality of the Moody-assessed tokenized US Treasuries product, which adds further security and credibility to USDO.
Defi and institutionally friendly
With USDO Bridges the gap between traditional finances and decentralized finances (Defi). By offering permissionless transferability, transparency on chains and real-time proof of reserves, USDO is perfect for both Defi applications and institutional users. The “Compliance -first” approach of the Stablecoin ensures that it meets the regulatory standards and offers a yielding alternative to traditional stablecoins.
Regulated by the Bermuda Monetary Authority (BMA), USDO is issued via a separate account company (SAC), a vehicle with a bankruptcy designed to maximize protection for tokenders, thereby guaranteeing the highest level of security and asset protection.
A new era for Stablecoins
The Mission of OpenReden is to bring about a revolution in financial access through tokenization while retaining a strong focus on compliance and innovation. With USDO, Openeden offers a stablecoin solution that distinguishes itself from the crowd – supported by American treasury, compliant with regulatory standards, and designed to support the future of both traditional and decentralized finances.
Go to Openeden.com for more information about USDO and the wider mission of Openeden.
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About Openeden Group
Opening is a leading platform for Real-World Asset (RWA) tokenization, known for its dedication to regulatory compliance and innovative financial technology. Founded in 2022, Bridges Traditional and Decentralized Finance opened by providing safe, transparent and conforming on-chain access to Tokenized RWAS. Through its regulated entities in Bermuda and the BVI, opened financial access with a nuclear focus on innovation and compliance.
