Stablecoin Information
USK is an over-collateralized Cosmos stablecoin soft-pegged to the USD and initially backed by ATOM.
Category:crypto-backed
Minting and Redemption
Using the Kujira BLUE app, users mint USK by depositing an accepted collateral asset into a vault. When the loan is repaid to retrieve the collateral, the paid back USK is burned.
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
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