Open USD supply hits $666 million as 10 wallets hold 74% of tokens
- —Ten wallets held 74% of OUSD supply, with Tempo accounting for 71%
- —$396 million in eight Tempo wallets had not moved since launch
- —$200 million sent to Coinbase on Oct. 1 remained in custody
- —DEX trading from Sept. 30 to Oct. 5 was $4.1 million, $3.4 million of it on Solana
Why it matters: Nearly all OUSD supply is locked in launch and custody wallets, so real demand for the token remains unproven.
Source: CryptoSlate