Compounding OpenDollar (CUSDO)

Unlike a standard non-yielding stablecoin, cUSDO uses a rebasing structure. This means the token balance can adjust over time to reflect accrued yield, rather than requiring holders to claim rewards separately. Its backing consists primarily of high-quality liquid reserves, including US Treasury bills and reverse repurchase agreements. These instruments are widely used in traditional finance for cash management because they are short term, highly liquid, and closely linked to US dollar money markets.

cUSDO occupies a segment of the crypto market often described as tokenised real-world assets, or RWAs. In this category, blockchain tokens represent claims or exposure to conventional financial instruments, allowing them to be used in digital wallets, decentralised finance applications, and institutional crypto infrastructure. The token’s regulatory and reserve framework is central to its proposition: OpenEden presents cUSDO as a stablecoin-style asset with an income component derived from conservative collateral. For crypto users, funds, and applications, cUSDO offers a way to hold a dollar-based on-chain asset that compounds yield while remaining backed by liquid, cash-like securities.