• Coins 17 132
  • Exchanges 1 296
  • Market Capitalization $2 718 520 781 673
  • 24h Trading Volume $47 549 844 366
  • Dominance BTC 60.13% ETH 7.77%

Resolv USR (usr) Live Chart

Crypto Rank Name Current Price 24h Price Change Total Supply Circulating Supply
139
USR
Resolv USR logo Resolv USR USR
$ 1.00 + 0.05% 462 483 344 462 483 344 AI Insight

Resolv USR (usr)

Resolv is a protocol that maintains USR, an overcollateralized stablecoin natively backed by Ether (ETH). USR achieves its peg by hedging its collateral pool and maintaining a tokenized insurance fund called RLP. Users can stake USR to obtain the yield-bearing version called stUSR. USR is minted by depositing liquid assets, such as USDC or USDT, on 1:1 value basis. When USR is redeemed, a user receives a 1:1 equivalent to the notional amount.