Stablecoin information
USDL is a stablecoin with 110% collateralization, no repayment schedule, immutability, and no governance or admin keys
Category:crypto-backed
Minting and Redemption
USDL is minted when users deposit PLS (PulseChain coin) as collateral that has been locked into individual smart contracts called Vaults.
Audits:No
Stablecoin usage by chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | +0.01% | +0.29% | -22.37% | 955,219.3 |