Stablecoin Information
uUSD is stablecoin pegged to USD on Tezos. It is fungible by design and backed by tez collateral.
Category:crypto-backed
Minting and Redemption
Using the youves app, users mint uUSD by depositing an accepted collateral asset into a vault. When the loan is repaid to retrieve the collateral, the paid back uUSD is burned.
Audits:
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | +0.02% | -50.94% | -52.62% | 5.74m |