Stablecoin information
A decentralized stablecoin backed by stablecoin collateral in yield-bearing Curve Lend and Frax Lend markets, designed to maintain a 1:1 USD peg while sharing earned lending fees with borrowers.
Category:crypto-backed
Minting and Redemption
Deposit crvUSD or frxUSD into a collateralized vault to mint reUSD (minimum 1,000). The borrow rate is half the market’s lending rate, half the risk-free rate, or 2%, whichever is higher. Repaying reUSD unlocks the original collateral.
Audits:No
Stablecoins usage by chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | -0.10% | +0.52% | +10.62% | 52.76m |