Bermuda – OpenEden is setting a new standard for stablecoins with the launch of OpenDollar (USDO), the world’s first regulated, yield-bearing digital dollar fully backed by tokenized U.S. Treasuries. (Photo: Jeremy Ng speaking, founder and CEO of OpenEden Group)
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As a fully compliant and transparent stablecoin, USDO combines the stability of traditional fiat-backed stablecoins with the real-world yield of U.S. Treasury Bills, offering a sustainable, on-chain solution for decentralized finance (DeFi) and institutional use.
“USDO represents a fundamental shift in how we view stablecoins. We’re enhancing the utility of traditional fiat-backed stablecoins with sustainable yields, full regulatory compliance, and complete transparency on-chain, offering a product designed for today’s sophisticated users.”
Jeremy Ng, Founder and CEO of OpenEden Group
Revolutionizing Stablecoins with Real-World Yield
USDO is issued by OpenEden Digital, a Bermuda-based affiliate of OpenEden Group, and has received a Bermuda Digital Asset Business Act (DABA) License. Unlike traditional stablecoins, USDO is fully collateralized by tokenized U.S. Treasuries, ensuring its value is backed by a secure and stable asset class. This unique structure allows USDO holders to earn native U.S. Treasury yield, offering a sustainable alternative to other stablecoins that lack real-world income generation.
Through the integration with OpenEden’s TBILL Vault, a smart contract protocol managed by OpenEden’s BVI-regulated professional fund, USDO provides real-time proof of reserves and instant 24/7 access to tokenized U.S. Treasury Bills. These TBILL tokens are the market’s first-ever Moody’s Investment-Grade Rated tokenized U.S. Treasuries product, adding further security and credibility to USDO.
DeFi and Institutional-Friendly
With USDO, OpenEden bridges the gap between traditional finance and decentralized finance (DeFi). By offering permissionless transferability, on-chain transparency, and real-time proof of reserves, USDO is perfectly suited for both DeFi applications and institutional users. The stablecoin’s “compliance-first” approach ensures that it meets regulatory standards while providing a yield-bearing alternative to traditional stablecoins.
Regulated by the Bermuda Monetary Authority (BMA), USDO is issued through a Segregated Account Company (SAC), a bankruptcy-remote vehicle designed to maximize protection for token holders, ensuring the highest level of security and asset protection.
A New Era for Stablecoins
OpenEden’s mission is to revolutionize financial access through tokenization while maintaining a strong focus on compliance and innovation. With USDO, OpenEden offers a stablecoin solution that stands apart from the crowd—backed by U.S. Treasuries, compliant with regulatory standards, and designed to support the future of both traditional and decentralized finance.
For more information about USDO and OpenEden’s broader mission, visit openeden.com.
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About OpenEden Group
OpenEden is a leading platform for Real-World Asset (RWA) tokenization, known for its commitment to regulatory compliance and innovative financial technology. Established in 2022, OpenEden bridges traditional and decentralized finance by offering secure, transparent, and compliant on-chain access to tokenized RWAs. Through its regulated entities in Bermuda and the BVI, OpenEden is redefining financial access with a core focus on innovation and compliance.
