Stablecoin Information
syUSD is Synnax’s stablecoin, secured by overcollateralized assets and designed to maintain a soft peg to the U.S. dollar
Category:crypto-backed
Minting and Redemption
Users mint syUSD by depositing assets into Synnax vaults, where collateral is utilized for market-making strategies. Redemption requires debt repayment
Audits:
Stablecoins Usage by Chain
| Name | Bridge | |||||
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