Stablecoin Information
An overcollateralized stablecoin natively backed by Ether (ETH). USR achieves its peg by hedging its collateral pool and maintaining a tokenized insurance fund called RLP. Users can stake USR to obtain the yield-bearing version called stUSR.
Category:crypto-backed
Minting and Redemption
USR is minted by depositing liquid assets, such as USDC or USDT, on 1:1 value basis. When USR is redeemed, a user receives a 1:1 equivalent to the notional amount.
Audits:
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | +0.01% | +0.04% | +0.22% | 4.12m | ||
| 100% | -0.03% | -0.10% | -0.41% | 1.93m | ||
| 100% | +0.00% | +1.87% | +7.45% | 27,260.4 | ||
| 100% | +0.00% | +0.00% | -11.66% | 23,186.23 | ||
| 100% | +0.04% | +0.04% | +0.75% | 1,121.4 | ||
| 100% | +0.12% | +0.12% | +0.12% | 242.3 |