Solana welcomes a new product: OpenEden launches the yield stablecoin cUSDO, fully backed by U.S. Treasury.

[Coin World] OpenEden has launched a new financial product in the Solana ecosystem - the yield stablecoin cUSDO. This new product can be seen as an upgraded version of USDO, featuring a more flexible composable architecture specifically optimized for on-chain applications.

When it comes to USDO, it is a regulated yield stablecoin issued by OpenEden, and its biggest selling point is low risk. Why? Because it is fully backed by tokenized U.S. Treasury bonds. In other words, every cUSDO circulating on Solana corresponds to real U.S. Treasury assets. These bonds can be verified on-chain and are managed by professional custody institutions such as BitGo and other leading compliance platforms to ensure asset security.

What is most attractive to users? The ability to redeem at face value at any time. Whether directly exchanging for USDO or cUSDO, users can ensure a 1:1 redemption price. This guarantee remains even in extreme cases where the issuance faces bankruptcy risks, as the underlying treasury assets are independent of the platform itself.

In terms of returns, the design of cUSDO is quite clever. It allows holders to earn returns through a continuously rising price, and these returns come directly from the interest income of the underlying U.S. Treasury reserves. This not only maintains the stable characteristics of the stablecoin but also allows users to obtain tangible returns.

From an ecological perspective, the biggest highlight of cUSDO is its high composability. It can be fully integrated into various scenarios in DeFi—lending markets can use it as collateral, derivatives trading platforms can use it for settlement, structured products can include it in their portfolios, and automated strategies can also call its interface. This modular design makes cUSDO not just a stablecoin, but more like an infrastructure within the DeFi ecosystem.