Cryptocurrency Analysis and News Portal
Crypto futures exchange OPNX has launched a credit currency for margin trading, according to a July 5 statement made to Cointelegraph from the exchange’s co-founder, Mark Lamb. Called “oUSD,” the currency is available in its “phase 1” iteration, meaning that users cannot receive it without depositing crypto assets into the
Read More
The interesting thing about the OUSD V2 offering is that the tokens are not locked up and the earnings are not subjected to any form of fees.Origin Protocol, a Web 3.0 infrastructure and innovative products developer, has announced the launch of Origin Dollar (OUSD) V2 as it looks to build
Read More
Origin is relaunching its yield-generating stablecoin following a November attack that drained OUSD holders of $7 million.Starting now, users can once again exchange USDC, USDT and DAI for OUSD.As CryptoX reported in September, the smart contract powering OUSD was not yet audited. OUSD allowed users to deposit the most popular
Read More
Peer-to-peer commerce company Origin is announcing Origin Dollars, or OUSD, a stablecoin whose reserves leverage decentralized finance (DeFi) so that balances grow wherever it resides, no staking or account required. “One thing we’ve all seen in DeFi is a much smaller audience gets it. The barrier to entry is much higher,”
Read More