Following USDY, we conducted an on-chain audit of OUSG, another core component of $ONDO . Hidden here is the immense financial power of traditional finance—a force not visible on the charts.
① An Unparalleled Total Supply (Assets Under Custody)
The current supply stands at approximately 2.24 million tokens. A massive amount of capital—equivalent to roughly $250 million—is locked in a single vault known as OUSG.
② Capital Inflow Chart
Please take a look at the chart. It illustrates that this is an environment where the average retail investor cannot trade (reserved for professionals with a minimum investment of $100,000 or more).
Conclusion
OUSG’s underlying assets are directly linked to BlackRock’s on-chain fund, “BUIDL.”
Regardless of how prices move on public exchanges, behind the scenes, approximately 39 billion yen in Wall Street-level capital is firmly rooted in the Ondo ecosystem. This is the strongest bullish fundamental factor visible on-chain.