Open USD had $666.3 million outstanding on Oct. 5, but most of that supply remained in launch and custody wallets, according to Crystal Intelligence’s wallet study published Oct. 6.
The findings show substantial launch inventory, with little evidence of wider circulation yet.
Open Standard created the token $OUSD, which launched Sept. 30 on Base, Ethereum, Solana and Tempo. Bridge describes Open Standard as an independent company founded by Coinbase, Mastercard, Shopify, Stripe and Visa, with more than 200 partners.
