Is OpenEden OpenDollar a scam?
Asked about OpenEden OpenDollar (USDO), market cap rank #585.
Short answer
OpenEden OpenDollar (USDO) has been scored on isthiscoinascam.com and has a moderate score — some risk signals were raised but no critical concerns.
Source: isthiscoinascam.com · Updated 2026-06-07
Positive signals
- Regulated by Bermuda Monetary Authority
- Fully backed by tokenized U.S. Treasuries
- Real-time proof of reserves on-chain
- Programmatic yield distribution without staking required
- Audited by ChainSecurity with no critical issues found
Security audits
2 audits on record.
- ChainSecurity (2024-09-01) — pass
- ChainSecurity (2025-03-01) — pass
Team transparency
The OpenEden OpenDollar team is doxxed — public identities are known.
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