Stablecoin Information
USDL is a stablecoin with 110% collateralization, no repayment schedule, immutability, and no governance or admin keys
Category:crypto-backed
Minting and Redemption
USDL is minted when users deposit PLS (PulseChain coin) as collateral that has been locked into individual smart contracts called Vaults.
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | +0.14% | +0.01% | -0.38% | 1.23m |