Ova

Ova is a decentralized protocol built on Ethereum that allows for the creation and exchange of the first dual-layer stablecoin, USDO. USDO is implemented through its dual-layer structure, which extracts value from private debt collateralized on the blockchain, leveraging the security of USDC and USDT, and upgrades it into a unique stablecoin that is verifiable and resistant to censorship on the blockchain.