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Stablecoins

Open USD (OUSD)

Data as of 3 October 2026 · Official site

Open USD (OUSD) is a fiat-backed stablecoin pegged to the US dollar, issued across 4 chains. On 3 October 2026 its circulating supply was $666.2M, with no 30-day comparison available, which places it 18th of 48 stablecoins tracked here. DefiLlama prices it at $1.0000. Supply is what the issuer has outstanding. It is not a measure of reserves, and a steady supply figure says nothing on its own about whether the peg is holding.

Circulating supply, over time

Circulating supply, USD: $454.5M at the start of the series, $665.2M at the end. $0 $250.0M $500.0M $750.0M $1.0B Sept 26Sept 26Oct 26Oct 26Oct 26
Circulating supply, USD. Weekly points for the last two years, monthly before. Source: DefiLlama, retrieved 3 October 2026.

Among stablecoins

Circulating supply by stablecoin: top 25 of 48 tracked, Open USD (OUSD) ranked 18. Source: DefiLlama, 3 October 2026.
#StablecoinCirculating supply
1 Tether (USDT) $184.0B
2 USD Coin (USDC) $74.2B
3 Sky Dollar (USDS) $6.8B
4 Ethena USDe (USDe) $4.9B
5 Dai (DAI) $4.8B
6 World Liberty Financial USD (USD1) $4.4B
7 Global Dollar (USDG) $3.1B
8 PayPal USD (PYUSD) $2.9B
9 Ripple USD (RLUSD) $2.5B
10 Circle USYC (USYC) $2.4B
11 BlackRock USD (BUIDL) $2.2B
12 Ondo US Dollar Yield (USDY) $2.2B
13 United Stables (U) $1.6B
14 USDD (USDD) $1.5B
15 Falcon USD (USDf) $1.5B
16 USDGO (USDGO) $1.2B
17 GHO (GHO) $698.5M
18 Open USD (OUSD) $666.2M
19 Usual USD (USD0) $546.0M
20 EURC (EURC) $536.1M
21 Ethena USDtb (USDTB) $533.6M
22 YLDS (YLDS) $512.2M
23 Polymarket USD (pUSD) $489.8M
24 Multipli rwaUSDi (rwaUSDi) $487.4M
25 TrueUSD (TUSD) $484.2M

See all 48 stablecoins

Supply by chain

Supply by chain, Open USD (OUSD), 3 October 2026. Source: DefiLlama.
ChainUSD
Tempo $472.8M
Solana $68.0M
Base $65.0M
Ethereum $60.4M

Issuer disclosures recorded by DefiLlama

Businesses mint and redeem OUSD directly at no cost and with no artificial limits on volume. OUSD is issued through Bridge, which publishes live supply and reserve data.

Audit and attestation links: reserves.bridge.xyz, github.com. Cryptonist has not verified them.

Price on the snapshot date: $1.0000. Chains: 4.

Source: DefiLlama, retrieved 3 October 2026, under its open methodology. Figures are a dated snapshot, not a live feed.