Stablecoin Information
USDST is the native USD-pegged stablecoin of the STRATO chain (BlockApps Mercata), used as the unit of account across its DeFi suite (lending, savings, CDPs, AMM pools). STRATO is the chain/platform; there is no separate STRATO token.
Category:fiat-backed
Minting and Redemption
USDST is minted and redeemed 1:1 against USD by BlockApps and via the on-chain CDPEngine, which mints USDST against approved on-chain collateral and burns it on debt repayment.
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | -0.09% | +0.05% | -7.37% | 4.93m |