Profile
OUSG profile facts
Ondo OUSG (OUSG) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar-denominated NAV.
- Collateral
- Diversified fund portfolio comprising State Street Galaxy SWEEP, BlackRock BUIDL, Franklin BENJI and Fidelity FYOXX, plus USDC at Coinbase, bank deposits and funds in transit/net receivables; issuer publishes dated position values.
- Peg mechanism
- NAV-accreting fund share token (not pegged to $1); token price rises daily as Treasury income accrues; instant mint/redemption at daily NAV via OUSGInstantManager against USDC (T+0 settlement via BUIDL on-chain liquidity); token transfers restricted to KYC-verified whitelisted addresses on-chain
- Jurisdiction
- United States / SEC / Reg D Rule 506(c); Section 3(c)(7) exemption; restricted to accredited investors who are Qualified Purchasers
- Proof of reserves
- Independent Audit by BPM LLP (Ondo I LP auditor named in Ondo Capital Management LLC's May 13, 2026 Form ADV, Schedule D 7.B.(1); NAV Consulting is the separate fund administrator) Reserve source
- Contracts
- 4 deployments tracked across Ethereum, Polygon, Solana, and XRP Ledger.
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
OUSG quick answers
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What is Ondo OUSG (OUSG)?
OUSG is Ondo's tokenized Treasury-fund portfolio; a NAV-accreting share (not $1-pegged) limited to eligible qualified purchasers. The static profile records its US Dollar-denominated NAV accounting mechanism as: NAV-accreting fund share token (not pegged to $1); token price rises daily as Treasury income accrues; instant mint/redemption at daily NAV via OUSGInstantManager against USDC (T+0 settlement via BUIDL on-chain liquidity); token transfers restricted to KYC-verified whitelisted addresses on-chain.
Is OUSG safe?
As of Oct 25, 2026, Pharos grades OUSG B- (69/100) on its Safety Score. Pharos's reviews record that the issuer or an admin can freeze individual holders' balances, and direct redemption is limited to whitelisted primary-market participants. That grade is in the Score's upper band, which does not rule out losses. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.
What backs OUSG?
Pharos records OUSG's reserves as of Oct 9, 2026 as 47.5% State Street Galaxy Onchain Liquidity Sweep Fund, 31.9% BlackRock USD Institutional Digital Liquidity Fund, 12.2% Franklin OnChain U.S. Government Money Fund, and 4 smaller holdings. Reserve evidence: Independent Audit. Pharos classifies the backing as Real-World Asset Backed.
Can OUSG be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded.
How do you redeem OUSG?
Under the route Pharos reviewed on Aug 12, 2026, whitelisted primary-market participants can redeem OUSG for USDC. Redemption settles atomically on-chain. The reviewed terms charge no percentage redemption fee. Whether a given holder qualifies is set by the route's own terms, not by this summary.
