EUSD

eUSD (OLD)

EthereumStablecoinsDeFi

Price
$1.10
24h
+0.0%
7d
+1.0%
Market cap
$97.2K
24h volume
$0

ethereum 0x97de57ec338ab5d51557da3434828c5dbfada371

Report

eUSD (OLD) (EUSD) is a stablecoin on Ethereum. 88.4K are in circulation, with no maximum. It ranks 6350th by market capitalisation among the coins tracked here. The project publishes its website, whitepaper, source and explorer.

The Lybra Protocol is a groundbreaking decentralized protocol designed to bring stability to the volatile world of cryptocurrency. Built on LSD (Liquid Staking Derivatives), the protocol initially leverages Lido Finance-issued ETH proof-of-stake and stETH as its primary components, with plans to support additional LSD assets in the future.

The protocol's primary objective is to provide the cryptocurrency industry with a safer, more decentralized stablecoin, eUSD, which offers stable interest to its token holders. As a DeFi protocol, Lybra facilitates the minting of eUSD by allowing users to borrow against their deposited ETH and stETH.

eUSD, being an ETH-assets-over-collateralized stablecoin, offers users the security and stability necessary for conducting their business with confidence.

A distinctive feature of the Lybra Protocol is that users can earn regular stable income by holding minted (borrowed) eUSD, which is powered by the LSD (Liquid Staking Derivatives) income generated from the deposited ETH and stETH.

eUSD (OLD)'s own description, via CoinGecko. We did not write it and we are not endorsing it.
Circulating
88.4K
Total supply
88.4K
Max supply
No cap

Supply as of 3h ago