Stablecoin Information
Palm tokens maintain a 1:1 peg with real-world currencies and are fully backed by cash and Shariah-compliant financial products. This structure provides traders, merchants, and funds with a secure, low-volatility means to exit market positions while adhering to sound finance principles
Category:fiat-backed
Minting and Redemption
Palm customers and other institutions who have undergone a verification process can exchange currency for PUSD and redeem PUSD for currency
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | 0% | 0% | 0% | 2.9m | ||
| 0 | < 0.0001% | < 0.0001% | < 0.0001% | 561,095 | ||
| 0 | 0% | 0% | 0% | 20,000 | ||
| 0 | 0% | 0% | 0% | 10 |