Open USD (OUSD), the stablecoin issued by Bridge, a Stripe subsidiary, surpassed $100 million on Ethereum in its first week, growing from roughly $10 million to over $100 million. Total supply across all chains reached approximately $666 million within days of launch. Transfer volume hit $2.6 billion, though only 554 to 613 holders were identified. The top 10 wallets controlled roughly 74% of total supply, indicating significant concentration. Reserves are held at BlackRock, Lead Bank and BNY Mellon.
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