Enabling the Future of Decentralised Money
USC is a decentralised, scalable, fully backed stablecoin which is 1-1 USD pegged.
Total USC Staked
stUSC APR
Why Choose USC
Secure and Decentralised
Audited smart contracts automatically achieve stability with no need for centralised counterparts
Instant Redemptions
USC is instantly redeemable for the underlying protocol’s collateral
Permissionless
Anyone can mint and stake USC to get exposure to the Chi Protocol’s mechanisms
Intrinsic Rewards
Staked USC captures native stablecoin rewards derived from Chi Protocol’s revenue and stability mechanisms
Process
How Does USC Work
How Does stUSC Work
Process
USC is minted using ETH, LSTs, or LRTs with zero slippage, removing exposure to the deposited asset.
ZapIn allows minting directly with stablecoins, converting them into protocol reserve assets.
USC can be minted from multiple L2 chains and is always received on Ethereum mainnet.
USC can be redeemed for ETH, LSTs, or LRTs with zero slippage, with no withdrawal queues or cooldown periods.
A 0.3% fee applies to both minting and redeeming, deducted from the amount.
USC doesn’t generate yield; users must stake it to get stUSC, Chi Protocol’s rebasing stablecoin, to earn rewards.
FAQs
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The only Ethereum-based stablecoin protocol with capital efficiency and native rewards for all stakeholders.
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