Stablecoin information
Redeemable USD is a fiat-backed stablecoin on both the Cardano and Shareslake networks. It is a USD backed stablecoin in a 1:1 basis.
Category:fiat-backed
Minting and Redemption
Using the Shareslake Dashboard, users can deposit USD on Shareslake or ADA on Cardano to mint RUSD. RUSD can be redeemed for USD at any time.
Audits:No
Stablecoin usage by chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | -0.00% | -0.00% | -0.00% | 38,701.72 |