$OUSD circulating supply just jumped another tier.

That morning post was still at about $483.5M. The Bridge transparency page has just printed to about $668.5M—on-chain = reserves; cash about $168.2M + Treasuries about $500.3M; collateralization ratio 1.0.

Compared to this morning’s print, the net jump is about +$1.85B. After I set my own threshold of ≥~$100M, I rewrote the gate.

1️⃣ This is the issuer’s real-time transparency print, not a standalone attestation

2️⃣ On Coinbase’s side, there’s still no hard numbers for named GA volume

3️⃣ The reserve structure is also changing: the Treasuries proportion is clearly rising

Only filter, don’t educate. Numbers will keep shifting—don’t treat a single jump as a trend.

This does not constitute investment advice.