What is OpenEden OpenDollar?
Symbol: USDO · Market cap rank: #588
Short answer
OpenEden OpenDollar (USDO) is a cryptocurrency currently ranked #588 by market capitalisation. It is classified as Stablecoin.
Source: isthiscoinascam.com
Overview
OpenEden Open Dollar (USDO) is a rebasing stablecoin developed by OpenEden Digital, which is licensed by the Bermuda Monetary Authority. It serves as a yield-bearing asset and is designed to maintain price stability.
The stablecoin is backed by liquid reserves, notably including U.S. Treasury bills and reverse repurchase agreements. The structure aims to provide an asset that can adapt to market conditions while offering yield to holders.
Launched: 2025
Headquarters: Bermuda
Scam-risk analysis
OpenEden OpenDollar has a moderate score — some risk signals were raised but no critical concerns. Is OpenEden OpenDollar a scam?
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