Can OpenDAO (SOS) make money from Stablecoins? — Market Mad House
The builders of OpenDAO (SOS) bet ordinary people will use stablecoins for more than payments.
To explain, OpenDAO offers a permissionless stabelcoin minting protocol that allows users to mint and trade the USDO or USD Open Dollar (USDO) stablecoin. They describe USDO as an over-collateralized and multicollateral stablecoin backed by assets. In particular, they claim you can use OpenDAO to use any assets to mint USDO.