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:
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | +0.29% | +1.17% | +393% | 7.47m |