Pareto USP usp
Rank #1828$0.9945
+0.00% (24h)
+0.00%
24h
-0.07%
7d
-2.46%
30d
Price Chart
Market Stats
Market Cap
$3.54M
24h Volume
$11,280.16
Circulating Supply
3,556,672.154
Total Supply
3,556,672.154
All-Time High
$1.13
All-Time Low
$0
About Pareto USP
Pareto USP is a synthetic dollar protocol soft-pegged to stablecoins backed by real-world institutional-grade private credit, alongside a globally accessible savings asset, sUSP. Users mint USP by depositing stablecoins, e.g. USDC, USDS, into the USP contract. The contract mints USP and deposits the underlying assets into Credit Vaults. Credit Vaults lend assets to institutional players that perform yield strategies to generate yield later distributed to USP stakers, i.e., sUSP holders.
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Categories
StablecoinsDecentralized Finance (DeFi)USD StablecoinEthereum EcosystemCrypto-backed StablecoinSynthetic Dollar