What is OUSG?

OUSG is a tokenized short-term US Treasury bills ETF managed by Ondo Capital Management, a subsidiary of Ondo Finance, which was founded in August 2021. The portfolio primarily consists of the iShares Short Treasury Bond ETF, alongside a small allocation of USDC and USD for liquidity. The project aims to provide on-chain exposure to US Treasury rates, delivering stable returns and deep liquidity. Ondo developed OUSG alongside other fund tokens, OSTB and OHYG, and transitioned from earlier products like Ondo Vaults and Liquidity-as-a-Service to focus on next-generation protocols in 2023.

Investors who successfully complete KYC and AML screening can own OUSG tokens, which can be transferred among themselves to adjust ownership. Smart contracts can also be utilized for financial activities such as lending and trading. There are restrictions on token transfers to ensure compliance with investor qualifications, maintaining a controlled ownership structure within the fund.