Stablecoin information
Whitelisted users can mint and redeem USDv through Solomon. Each USDv is fully backed 1:1 by short-dated U.S. Treasuries and cash reserves
Category:crypto-backed
Minting and Redemption
Whitelisted users mint USDv by depositing assets that are delta-hedged into market-neutral positions, and redeem USDv by burning it to unlock the underlying collateral through the Solomon protocol
Audits:
Stablecoin usage by chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | -0.21% | -0.13% | +22.51% | 8.82m |