what's Web 3 Dollar?
Web 3 Dollar (USD3) is a cryptocurrency token designed for use within the Web3 ecosystem, listed on major exchanges like Coinbase. It provides users with a digital asset tied to dollar value mechanics, facilitating transactions, trading, and integration in decentralized applications.
Web 3 Dollar protocol's USD3 supply crossed $50M.
Crossed $50M in USD3 supply on the protocol.
New USD3 pool launches on Pendle Finance with January 29th expiry date.
Deposits are open on Ethereum Mainnet earning 27% APY with borrowers in whitelisted beta phase using zkTLS verification for overcollateralization.
Credit-based lending platform launches with dual-tranche system offering 9.5% yield for senior USD3 token and 22.72% for junior sUSD3 token, featuring zero-collateral loans for US borrowers with credit scoring via Plaid integration.
New partnership with BlackManta Capital launches institutional-grade yield products through Luxembourgish securitization vehicle.