USR is a stablecoin pegged to $1 and fully collateralized by ETH. Here's what makes it unique: * **Direct Minting/Redemption:** Users can create or redeem USR using ETH at a 1:1 ratio. * **Overcollateralization & Insurance:** USR is backed by more than 100% ETH collateral, with an additional insurance layer comprised of liquid ETH represented by the RLP token. * **Stable Value, No Yield:** USR itself maintains a value of $1 and does not inherently generate yield. * **Staking for Yield:** Users can stake their USR to receive yield in the form of stUSR, a yield-bearing version of the stablecoin.
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