USD0x Basics
Last updated
Last updated
USD0x is a digital dollar backed by U.S. Treasury bills and are redeemable 1:1 for USDT or USDC. To ensure liquidity and efficient redemption, a portion of the USD0x reserve is held in highly liquid cash, while the majority is allocated to U.S. Treasury bills and equivalent low-risk assets, such as:
$BENJI – Franklin OnChain U.S. Government Money Fund (FOBXX).
$BUIDL – BlackRock USD Institutional Digital Liquidity Fund.
$uMINT – UBS USD Money Market Investment Fund Token.
$QCDT – QNB-CBI-DMZMoney Market Fund.
USD0x operates on the Binance Smart Chain and is designed to integrate seamlessly across DeFi and CeFi platforms.
Stability – Fully backed by U.S. Treasury bills or its equivalent low-risk assets.
Composability – Designed to be seamlessly used across DeFi and CeFi platforms.
Rapid Global Payments – USD0x facilitates instant, borderless transactions, making it an efficient medium for global payments.
24/7 Financial Markets – Unlike traditional banking systems, USD0x operates on decentralized infrastructure, allowing continuous transactions and trading across different markets at any time.