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USPD

US Permissionless Dollar logo

US Permissionless Dollar

1.03
Dec 09, 06:01 UTC

About

USPD (US Permissionless Dollar) is a decentralized stablecoin protocol. Its purpose is to provide a stable, censorship-resistant digital dollar that is fully backed by on-chain collateral. Users mint USPD by depositing staked Ethereum (stETH) and in return receive a stablecoin that also earns a native, passive yield from the underlying staking rewards. The protocol's stability is maintained by a decentralized network of actors, ensuring it remains permissionless and aligned with the core principles of DeFi.

Info & Links

Website

Contracts

  • ethereum:
    0x476…2aa84
  • base:
    0x476…2aa84
  • polygon-pos:
    0x476…2aa84
  • arbitrum-one:
    0x476…2aa84
  • optimistic-ethereum:
    0x476…2aa84
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Data From

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