# Ten wallets hold 74% of the new Open USD stablecoin as Arbitrum joins Paxos's Global Dollar network

Analytics firm Crystal found $396 million of Open USD (OUSD) sitting unmoved in eight Tempo wallets. Arbitrum agreed to back the Global Dollar (USDG) stablecoin in exchange for a share of reserve income.

- Published: 2026-10-07T05:31:53.993Z
- Canonical: https://polylog.news/crypto/2026-10-07/ten-wallets-hold-74-of-the-new-open-usd-stablecoin-as-arbitr
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CryptoSlate](https://cryptoslate.com/open-usd-supply-hits-666-million-as-10-wallets-trap-most-tokens/), [TokenPost](https://www.tokenpost.com/news/investing/27148), [CoinDesk](https://www.coindesk.com/business/2026/10/05/arbitrum-joins-paxos-led-stablecoin-group-global-dollar-to-capture-digital-dollar-growth), [Bitcoin Magazine](https://bitcoinmagazine.com/news/crypto-card-payments-hit-record-12-billion)

Open USD (OUSD), the stablecoin that launched on September 30 on Base, Ethereum, Solana and Tempo, had $666.3 million in supply in Crystal's October 5 snapshot. Most of it sits in launch and custody wallets. Ten wallets hold 74% of supply.…

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