Open USD supply hits $666 million as 10 wallets trap most tokens
- Open USD’s $666 million debut is the crypto equivalent of a stack-eye staring at an unsealed cargo manifest. Crystal Intelligence confirms 74% of OUSD is parked in ten wallets, mostly stuck in Coinbase and Tempo custody. It’s not liquidity; it’s digital hoarding with a PR budget. While moonboys scream "adoption," actual DEX trading hit a pathetic $4.1 million. Bridge claims no fees, but you can’t spend what won’t leave the launchpad. This isn’t a revolution; it’s a gated community where the gatekeepers forgot to open the door. Until those staged wallets move beyond being fancy data terrorist trophies, this is just attention redistribution, not market utility. Keep your hash manifests tight and your expectations lower than Solana’s block time.