Market Cap:
$1 613 224 898 870
(▼2.68%)
- Volume 24h: $102 671 773 465 (6.36%)
- Market Cap Change 24h: ▼2.68%
- BTC dominance: 44.71%
Uniswap State Dollar
USD
- USD: $0.65
1h: ▼0% 24h: ▼0% 7d: ▼28.52%
- BTC: 0.000020 BTC
All Time High: $4.63 3 years ago
Current price is -86 % from ATH
Current price is -86 % from ATH
- Cap: -
- Vol 24h: $0.00
- Total: 67 228 USD
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About Uniswap State Dollar
The aim of the Uniswap State Dollar (uSD) protocol is to build the most secure and resilient stablecoin on Ethereum—ever. Independent from any off-chain issuer, it is fortified against the risks inherent to all other stablecoins, and free of the anxiety that pervades the industry.
uSD achieves this unprecedented level of stability by collateralizing other stablecoins. If any of them lose value or fail, it can simply rebalance itself to leverage the security of the others. And to account for excess due to fees in their pools, it can rebalance itself in another way.
uSD achieves this unprecedented level of stability by collateralizing other stablecoins. If any of them lose value or fail, it can simply rebalance itself to leverage the security of the others. And to account for excess due to fees in their pools, it can rebalance itself in another way.
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