NonDollar(USDA+)
Market Cap$48,501
Price$1
Total Circulating48,511
Stablecoin Information
NonDollar has created a new mechanism to drastically reduce the costs incurred to hedge any asset. We do this with a combination of stablecoin and on-chain credit default swaps.
Category:crypto-backed
Minting and Redemption
Anyone looking to hedge can deposit ETH & ETH LRT as collateral to mint USDA+, a stablecoin soft pegged to US Dollar.
Audits:
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | 0% | 0% | 0% | 42,373 | ||
| 0 | 0% | 0% | 0% | 6,138 |