Stablecoin Information
Spice USD (Ticker USDS) is a stablecoin soft-pegged to USD in the Spice Protocol on Avalanche.
Category:algorithmic
Minting and Redemption
Using 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 | 14.22m | |||||
| 0 | 2.23m | |||||
| 0 | 981,186.1 | |||||
| 0 | 611,483 |