OUSD is upgrading to 100% USDC backing. 🔵
The governance proposal has passed, and the transition is now underway.
This transition retires $USDT and $USDS from the vault, simplifying collateral and improving transparency while aligning $OUSD with the architecture of Origin’s other yield-bearing tokens.
Collateral is now routed to $USDC vaults on @Morpho, unlocking higher and more consistent yield from a cleaner, single-asset design.
Get ready for a simplified vault with stronger mechanics, built for long-term stability and sustainable onchain yield.
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