what's Electronic USD?
Electronic USD (eUSD) is a decentralized, community-governed stablecoin pegged 1:1 to the US dollar, built on the Reserve Protocol and deployed on Ethereum and MobileCoin blockchains. It maintains its peg through overcollateralization with yield-bearing assets such as aUSDC, aUSDT from Aave, and cUSDC, cUSDT from Compound. These backing positions are fully on-chain and auditable 24/7, ensuring transparency and censorship resistance. Liquidity is incentivized on platforms like Curve Finance, enabling yield generation for DeFi participants.
Electronic USD integrates with Sei as a yield-bearing stablecoin via Evolve.
Integrating with Sei as a yield-bearing stablecoin via Evolve
Supply APR for eUSD on IONIC protocol stands at 98% with additional ION rewards for veION stakers.
Supply APR for eUSD on IONIC protocol stands at 85% with additional ION rewards for veION stakers.
Telcoin receives regulatory approval to open the first licensed digital asset bank in the U.S. and launches eUSD as the first stablecoin issued directly by a bank on-chain.
Supply APR for eUSD on IONIC protocol stands at 79% with additional ION rewards for veION stakers.
Supply APR for eUSD on IONIC protocol stands at 17% with additional ION rewards for veION stakers.
Starting October 22, liquidity incentives for hyUSD/eUSD and dgnETH/ETH+ pools wind down over separate timelines and reallocate toward $LCAP and other DTFs.
Supply APR for eUSD on IONIC protocol stands at 48% with additional ION rewards for veION stakers.
New USDC repayment contract enables 1:1 debt repayment for eUSD, with future hard redemption support.
Supply APR for eUSD increases to 63% on IONIC protocol, up from previous 34%.
Protocol burns 630k peUSD and unlocks equivalent eUSD, now listed on CowSwap at 1:1 USDC ratio with active liquidity management measures.
630k peUSD burned and equivalent eUSD unlocked to improve liquidity, with tokens listed on CowSwap at $1.
34% APR yield available for supplying on IONIC protocol on Base network.