Flying Tulip USD(ftUSD)
Market Cap$3.9m
Price$1
Total Circulating3.91m
Stablecoin Information
ftUSD is Flying Tulip's dollar-pegged token designed for stability first, usable as a composable on-chain dollar with optional yield when staked as sftUSD.
Category:crypto-backed
Minting and Redemption
ftUSD is minted by depositing a stablecoin such as USDC or USDT, and redeemed by converting ftUSD back to the input asset at the prevailing rate; holders can stake ftUSD as sftUSD to earn yield.
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | -0.26% | 3.91m |