Price USD+ to USD now is $1.002. Trading volume by 24-hours $92.409. USD+, which_ranked #923 price is up 0.21% in the past 24-hours. USD+ has circulating supply of $0 and have $7.999,033 capitalization. In additional, total supply is $8.002,185.
The all-time high price of USD+ is $1.033, the record was set on the 0.
USD+ all-time low price is $0.739, the record was set on 0.
7 days ago the price was $1 , this changed the USD+ price by 0.02041%
14 days ago the price was $1 , this changed the USD+ price by -0.04972%
30 days ago the price was $1 , this changed the USD+ price by -0.1097%
60 days ago the price was $1 , this changed the USD+ price by 0%
1 days ago the price was $1 , this changed the USD+ price by 0%
USD+ is a yield-generating stablecoin yielding 8-12% pa, via daily rebase. It is fully backed by a portfolio of liquid, yield generating, low-risk DeFi assets (mostly, lending protocols and stable-to-stable liquidity pools in a way that allows to (1) avoid losses and generate profit every day (2) mint and redeem USD+ against USDC instantly on request. USD+ is used for (1) liquidity management - temporary parking of spare stablecoin cash (2) AMM trading and (3) leveraged yield farming. USD+ brings the benefit of capital efficiency to stablecoin usage, i.e. extra yield on idle stablecoins and/or used in major protocols USD+ is currently on Polygon and expanding to other chains. We are going to market by establishing USD+ trading pairs at leading AMMs: (1) Stablecoin boosted pools on Balancer/Beethoven (2) ETH-USD+, Matic-USD+ on Quickswap/Uni V2, (3) potentially, Curve. The advantage USD+ has is our ability to maintain the peg without deploying our own capital - as USD+ can be minted/redeemed against USDC instantly, we are able to arbitrage our pools using flashloans, without our own capital, thus maintaining the peg.