Stablecoin Information
USD1 is a stablecoin backed by U.S. Treasuries and cash equivalents
Category:fiat-backed
Minting and Redemption
Minting USD1 involves authorized institutions depositing dollars or equivalent assets held in custody, while redemption requires burning USD1 to receive an equivalent amount of underlying reserves through the issuer's managed process
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | -3.39% | -3.19% | -1.13% | 1.552b | ||
| 0.00% | >-0.0001% | +1.76% | +10.12% | 1.415b | ||
| 0.00% | -4.40% | -6.46% | -6.76% | 1.302b | ||
| 0.00% | -0.00% | -0.44% | +22.92% | 19.93m | ||
| 0.00% | <0.0001% | <0.0001% | <0.0001% | 18.58m | ||
| 0.00% | >-0.0001% | >-0.0001% | >-0.0001% | 10.06m | ||
| 0.00% | +0.00% | +0.00% | -19.15% | 35,342.47 | ||
| 0.00% | +0.03% | +0.03% | +0.03% | 1,162.38 |