# dUSD

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Stables backed dAsset.&#x20;

* dUSD represents a 1:1 claim on USD-denominated collateral (USDC, USDT held with MPC custodians).
* Designed to provide a stable-value, yield-bearing dollar instrument with full on-chain transparency.
* Collateral is deployed to on-chain delta-neutral funding-rate strategies across decentralized perpetual venues.
* Yield denominated in dUSD is periodically distributed to staked dUSD holders.
* 1:1 redemption for USDC/USDT collateral after settlement period. (\~1 week)