Back to Organizations
Bit Protocol
Bit Protocol is a decentralized, open-source smart contract protocol that issues bitUSD, an overcollateralized, multichain stablecoin. It enables users, DAOs, treasuries, and developers to borrow, use, stake, and provide liquidity against crypto and real-world assets.
Distributed
BitUSD
Project Links
Description
bitUSD is Bit Protocol’s multichain stablecoin. It is minted against overcollateralized digital and real-world assets, including native tokens, liquid staking tokens, DeFi assets, tokenized T-Bills, commodities, and real estate. Users can mint, redeem, stake, provide liquidity, participate in insurance pools, and govern the protocol.Category: Stablecoin Issuance