Stablecoin Information
UST1 is a USD-targeting stablecoin on Terra Classic that uses an oracle-priced mint and redemption window against vFDUSD. Its secondary-market price may deviate from the window exchange rate.
Category:crypto-backed
Minting and Redemption
UST1 can be minted and redeemed against vFDUSD through the UST1 window at an oracle-derived exchange rate, subject to protocol fees, rate limits, available vFDUSD inventory and other protocol controls.
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | +0.00% | +11.31% | +61.35% | 87,862.41 |