USD3
USD3
active
Crypto Backed
USD
Yield-Bearing
Market Cap $2M
USD3 is a USD-pegged Reserve Protocol token introduced in 2024. Reserve forum materials describe it as an overcollateralized, yield-bearing stablecoin backed by on-chain DeFi strategies.
Key Data
| Backing | Four core USDC-based DeFi strategies, each approximately 25% of the basket |
| Reserve Reporting | Proof-of-reserves |
| Redemption | Reserve documentation states that DTF tokens can be redeemed permissionlessly for their underlying collateral through the application or smart contracts, without custodians or order books. |
| Peg Currency | USD |
| Yield-Bearing | Yes |
| Launched | 2024 |
Supported Networks
L1 EVMEthereum
Cross-Chain Supply ($2M total)
Use Cases
Defi Collateral
Overview
USD3 is a USD-pegged Reserve Protocol token introduced in 2024. Reserve forum materials describe it as an overcollateralized, yield-bearing stablecoin backed by on-chain DeFi strategies.
Key Features
- Reserve Yield DTF structure
- Holder yield through net asset value appreciation
- Permissionless minting and redemption for underlying collateral
- RSR staking can provide overcollateralization and first-loss protection
Reserve Backing
Four core USDC-based DeFi strategies, each approximately 25% of the basket.
Supported Networks
Available on Ethereum.
Other USD Stablecoins
Profile compiled from issuer disclosures, regulatory filings, press releases, and financial media. Market and on-chain data sourced directly or via third-party providers. See methodology.