SpiceUSD(USDS)
Market Cap$18.04m
Price$1
Total Circulating18.05m
1.39m
Stablecoin Information
Spice USD (Ticker USDS) is a stablecoin soft-pegged to USD in the Spice Protocol on Avalanche.
Category:algorithmic
Minting and RedemptionUsing the Spice Trade app, USDS can be minted by locking USDC and burning SPICE in a proportion determined by the protocol's collateral ratio.
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | < 0.0001% | < 0.0001% | < 0.0001% | 14.22m | ||
| 0 | < 0.0001% | < 0.0001% | < 0.0001% | 2.23m | ||
| 0 | < 0.0001% | < 0.0001% | < 0.0001% | 981,186 | ||
| 0 | < 0.0001% | < 0.0001% | < 0.0001% | 611,483 |