mantraUSD(mantraUSD)
Market Cap$442,471
Price$1
Total Circulating442,564
Stablecoin Information
mantraUSD is the native stablecoin for the MANTRA RWA ecosystem. Backed by short-term US Treasuries, it provides seamless value transfer and serves as the native settlement layer that converts offchain yield into onchain ecosystem rewards. It is the preferred currency for all the regulated and licensed activities of MANTRA Finance, which include RWA vaults, RWA launchpad, and a DEX.
Category:crypto-backed
Minting and RedemptionmantraUSD can be minted and redeemed on-chain through the M0 stablecoin infrastructure. Users mint mantraUSD by depositing supported collateral into the protocol and can redeem mantraUSD back into underlying assets at a 1:1 rate.
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | < 0.0001% | -3.90% | -3.07% | 442,564 |