CryptoCurrencies
17616
Exchanges
500
Total Market Cap
4,035,521,068,499
Volume 24h
438,090,710,889
Dominance
BTC 58.12%   ETH 10.27%   XRP 4.77%   USDT 3.97%

Pareto USP
USP

0
$
0.00 %
Change 24h
Market Cap
$ 0
Total Supply
1,340,415
USP
$
# Exchange Pair Price Volume 24h

Description

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.