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As of Nov 12, 2026, TREN Debt Token (XY) has a market cap of $4,579 across 1 chain, most of it on Arbitrum ($4,579).
Stablecoin information
XY is a synthetic dollar debt token in the Tren Finance ecosystem, backed by overcollateralized loans and using LayerZero's OFT standard for cross-chain transfers
Category:crypto-backed
Minting and Redemption
Users mint XY by depositing collateral, while redemption is managed through automated peg stability contracts and buyback-and-burn mechanisms, avoiding direct redemptions to protect user collateral
Audits:
Stablecoin usage by chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | +0.00% | +0.00% | +0.00% | 4,579.17 |
