OrbitCDP, also referred to as Orbit Protocol, is a Stellar-based DeFi platform for issuing fully collateralized, multi-currency stablecoins through a Collateralized Debt Position system. Users deposit assets such as XLM and tokenized treasury instruments into Blend lending pools, mint stablecoins such as oUSD, oEUR, and oMXN, and repay the debt to redeem their collateral. The protocol includes Treasury, Bridge Oracle, PegKeeper, and DAO utility smart contracts for supply management, price feeds, liquidation, peg maintenance, and governance. Its stated users and beneficiaries include individuals, businesses, merchants, exporters, freelancers, Web3 treasuries, DAOs, and developers building financial applications, remittance tools, payroll rails, lending products, and other Soroban dApps.
