Open USD had $666.3 million in outstanding supply on Oct. 5, according to Crystal Intelligence. Ten wallets held 74% of that supply, with $396 million sitting in eight Tempo wallets and $200 million held in Coinbase custody. Decentralized exchange trading totaled only $4.1 million over the first six days, while 73% of all OUSD transfers were network fee payments worth just $3.33. The initial distribution suggests limited token circulation, though this does not necessarily indicate a failed launch.
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