Kryptopriser -PUSD_Polyquity
pusd
PUSD_Polyquity
NOK 1.35
24h: -0.08%7d: -0.39%30d: -0.58%1y: -1.02%
NOK 1.35
PUSD is a decentralized stablecoin operating on the Polygon network. It is designed to maintain a peg to the US Dollar and plays a role within the PolyQuity protocol.
PUSD is minted through the staking of MATIC tokens on the Polygon blockchain. This process underpins its creation and supply.
Within the PolyQuity ecosystem, PUSD serves a specific function. It is utilized as the stablecoin for facilitating loan payouts on the protocol.
A core characteristic of PUSD is its decentralized nature. This aims to reduce reliance on central authorities in its operation and governance.