Open USD (OUSD) added $46.8 million in market capitalization over seven days, more than USD Coin (USDC) or JPYSC, while the figure alone does not show trading volume or how many tokens traded.
OUSD's increase outpaced USDC's by $8 million. USDC gained $38.8 million, while JPYSC's market capitalization rose $30.8 million.
Open USD is intended to track a value tied to the U.S. dollar. A token's market capitalization is calculated using its circulating supply and its end-of-day price. The comparison does not count tokens traded or establish whether OUSD's supply grew through new issuance.
An earlier seven-day snapshot of stablecoins on Tempo put OUSD at nearly two-thirds of a $449.82 million increase in network market capitalization. That total covers stablecoins across the network, while the other figures compare changes in individual tokens.
