Wrapped OUSD

Wrapped OUSD is a crypto wrapper around OUSD, so it belongs to the class of tokens that package another asset for use in blockchain settings. By our assessment, its main draw is the convenience of moving a familiar asset shape through crypto rails without changing what it points at. That convenience comes with the usual wrapper cost: another layer of structure, another dependency, and less directness than the plain underlying asset. In practice, these tokens are for people who already understand why wrapped assets exist, because the value is in the format as much as in the name. Wrapped OUSD is not trying to be a broad public coin, and that narrower purpose is exactly what defines it.