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Pegged AssetUSD+

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USD+ (USD+)

Market Cap$3,707,430

Price	$0.99968

Issuance Stats
Total Circulating	3.71m

Optional Circulating Counts
Unreleased	0

DescriptionUSD+ is USDC that pays yield daily via rebase. The USD+ stablecoin can be instantly minted and redeemed to USDC 1:1.

Category:crypto-backed

Minting and RedemptionUsing the Overnight app, users swap USDC to mint USD+ 1:1. USD+ can be redeemed for USDC 1:1 at any time.

View on PolygonScan

June 28, 2022

Name	Bridge	Bridged Amount
1Polygon (MATIC)	-	0	+2.14%	+3.73%	+72.77%	3,707,430

Use this option to choose whether to include coins that have been minted but have never been circulating.

Crypto-backed assets are backed by cryptoassets locked in a smart contract as collateral. Risks of crypto-backed assets include smart contract risk, collateral volatility and liquidation, and de-pegging.

Jun