OGAudit Web3 Research: @OndoFinance $OUSG - Institutional Yield or Centralized risk? Ondo Finance’s OUSG is the flagship for the Institutional RWA narrative, providing a direct pipeline for onchain capital into US Treasury markets: - OUSG has evolved from a tracker into a wrapper for BlackRock’s BUIDL (USD Institutional Digital Liquidity Fund). By migrating the majority of its collateral to BUIDL, OUSG offers all year round instant subscriptions and redemptions. - The product targets a risk free rate by holding short term US Treasuries. Yield accrues daily through a rebasing mechanism or price appreciation, allowing DAOs and corporate treasuries to earn low-volatile returns without leaving the Ethereum ecosystem. - Unlike open DeFi tokens, OUSG is a restricted asset. It requires KYC/AML onboarding and is limited to qualified purchasers under US law. Is this an undervalued DeFi infrastructure play with elite institutional backing and a near perfect 1:1 backing by US Treasuries or does the requirement for KYC only access and the reliance on BlackRock’s centralized infrastructure make OUSG a structural counterparty risk? Category: RWA Coin Name: $OUSG Circulating Supply: 5.89M Market Cap: $675M Market Cap Rank: #87 OG (Trust) Score: 36.60 OG Score Rank: #906 Reviewed by 6 OG Reviewers. See the full audit, reviews and more on the $OUSG Coin page: ogaudit(.)com/crypto/ousg-ousg https://t.co/NGl80zhstP