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EUSD

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Category: Stablecoin Issuance

Description

eUSD (electronic dollar) is a stablecoin designed to maintain a 1:1 value with the U.S. dollar. It is backed by a basket of stablecoins such as USDT and USDC, with monitoring, rebalancing, and an additional reserve intended to reduce depegging risk. Its basket protocol uses open-source smart contracts and open governance. Through the Sentz app, users can acquire eUSD with local currency or supported stablecoins, send and request payments, receive invoice payments, and withdraw through available local or crypto methods.