Open USD (OUSD), a new stablecoin launched on multiple blockchain networks including Base, Ethereum, Solana, and Tempo, had $666.3 million outstanding as of October 5. The supply is highly concentrated, with 10 wallets holding 74%, and eight Bridge-funded wallets on Tempo holding $396 million. Despite the large supply, decentralized exchange trading volume remains low at about $4.1 million since its September 30 launch, with most activity on Solana and Base, and minimal on Tempo and none on Ethereum. OUSD offers fee-free minting and redemption with no liquidity limits, aiming to attract business users, but early data does not yet indicate broad adoption.
Open USD stablecoin supply stood at $666.3 million as of October 7, 2026, 07:04 WIB. For readers following the broader cryptocurrency market, here is Pluang's market snapshot as of that time: out of 50 major cryptocurrencies, 8 rose and 41 fell. Notable movers include COTI at Rp242 with a 1-day change of -5.42% and a typical hold time of 121 days, BAT at Rp1.798 down 5.41% with 74% buy order activity, and SAND at Rp1.190 down 5.00%.
Dogecoin's price rose 1.2% to $0.094, marking its first daily golden cross in 14 months, a bullish signal indicating improving short-term momentum. However, the cryptocurrency faces strong resistance near $0.10, a level it must surpass to confirm a s...
Constellation Brands reported earnings per share of $3.74, surpassing analyst estimates of $3.55, and revenue of $2.63 billion, exceeding the $2.54 billion forecast. The company saw a 5% increase in beer sales and a 17% rise in wine and spirits sales...
U.S. spot Solana ETFs experienced $3.7 million in net outflows on October 6, marking the second consecutive day of withdrawals. The Grayscale Solana Trust was the main contributor to this decline, while six other funds showed no net flow. Although th...
Tilray Brands will announce its fiscal Q1 2027 earnings on October 8, with analysts forecasting a loss of $0.16-$0.19 per share on revenues around $265-$268 million, marking about 26% growth from last year. Investors will focus on cannabis and bevera...
On October 6, 2026, five notable stocks surged between 20.9% and 52.7%, driven by various positive developments. Apimeds Pharmaceuticals rose 52.7% after its subsidiary signed a blockchain contract, while Option Care Health gained 32.7% following a $...
