Stablecoin information
USBD is a capital-efficient stablecoin over-collateralized by Bitcoin derivatives
Category:crypto-backed
Minting and Redemption
Users mint USBD by locking approved collateral like LSTs or BTC in a vault, and can redeem it by repaying USBD to unlock their collateral.
Audits:
Stablecoin usage by chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | >-0.0001% | >-0.0001% | >-0.0001% | 5.45m | ||
| 0.00% | >-0.0001% | >-0.0001% | >-0.0001% | 2.06m | ||
| 0.00% | -0.02% | -0.02% | -0.02% | 547.89 | ||
| 0.00% | -1.74% | -1.74% | -1.74% | 3.93 | ||
| 0.00% | 0.03 | |||||
| 0.00% | 0.0092 | |||||
| 0 |