US Permissionless Dollar USPD
USPD
1.000
$
0.49 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 1125.5
Total Supply
95,019
Website
Social
USPD
$
| # | Exchange | Pair | Price | Volume 24h |
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Description
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.