Stablecoin information
USDP is a decentralized, unbiased, and fully-backed stablecoin whose value is soft-pegged to US Dollar. USDP runs on the Ethereum, BSC, and Fantom networks.
Category:crypto-backed
Minting and Redemption
Using the Unit Protocol app, users mint USDP by depositing an accepted collateral asset into a vault. When the loan is repaid to retrieve the collateral, the paid back USDP is burned.
Audits:No
Stablecoins usage by chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | <0.0001% | <0.0001% | <0.0001% | 2.56m | ||
| Gnosis Chain OmniBridge | 100% | -0.00% | -0.00% | -0.00% | 73,571.82 | |
| 0.00% | +0.00% | +0.00% | +0.00% | 9,698.3 | ||
| 0.00% | -0.08% | -0.08% | -0.08% | 92.93 |