PANews Feature | $825M in Supply, 2,200 Holder Addresses: Inside OUSD’s Launch Backed by @stripe, @coinbase, @Visa, and other major players, ethereum:0x9f6f3991d525015a6f8caf062c83b62fd3ac4436 has scaled quickly. But with roughly 2,200 holder addresses and 82% of circulating supply concentrated in the top 10 wallets, sustained payment and trading demand remains unproven. Beyond the initial capital commitments, questions remain: If reserve income largely goes to partners, what covers compliance, settlement, and liquidity costs? And how does OUSD retain distribution partners that also support competing stablecoins? We examine OUSD’s growth and business model. Scale gets it in the door. Sustained adoption is the next test. #OUSD #Stablecoins #Stripe #DeFi