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  1. USTB

USTB Token

PreviousContracts & AddressesNextUSTB Yield

Last updated 1 year ago

USTB is a fully permissionless, cross-chain, rebasing dollar-pegged stablecoin.

USTB is a wrapped version of , with USDM supplying 100% of the backing for USTB.

USDM is backed by Mountain Protocol's reserves of short-duration US Treasuries (T-Bills) having an average duration of less than 3 months or less.

US Treasuries are considered one of the safest yield-producing, USD-denominated investment options. T-bills guarantee a risk-free yield, backed by the full faith and credit of the U.S. government.

USTB is an ERC20 rebasing token, with a redemption value pegged at 1:1 to USDM, which in turn has a redemption value pegged at 1:1 for primary customers. Like other fiat-backed stablecoins, we expect USTB to trade ~$1 in the secondary market, a function of buy/sell volume, liquidity depth and arbitrage opportunities.

Indicator
Details

Ticker

USTB

Token Type

ERC-20

Decimals

18

Contract Address

0x83feDBc0B85c6e29B589aA6BdefB1Cc581935ECD

Chains

re.al, OP, Base, Eth

Getting USTB

Minting

USTB is minted on Ethereum in the Tangible app.

USDM, purchased on (Eth) or minted directly from Mountain Protocol is wrapped into USTB. Minting can only be done on Ethereum.

Once minting is complete, USTB can be bridged to any of the supported chains via LayerZero where it can be farmed or sold into liquidity pools.

Buying

Liquidity will be available for USTB on the following chains and exchanges:

Chain
Exchange

re.al

Optimism

Base

USDM
Learn more about USDM.
Curve
Pearl
Velodrome
Aerodrome