USB is a dollar that pays you — backed by a diversified on-chain reserve, never by a bank.
More than 99% of stablecoin value is denominated in dollars. Almost half the world's economy earns, prices and spends in something else — and has no digital version of its own currency worth holding.
The reserves behind every major stablecoin earn a return. Almost none of it reaches the holder. JPMorgan analysts expect yield-bearing stablecoins to grow from around 6% of the market to as much as half of it — the shift is already underway.
Two gaps. We're building for both: multi-currency and yield-bearing.
Every USB is backed by a diversified reserve of digital assets, held on-chain and verifiable.
The reserve is put to work across independent strategies. What it earns flows to you.
No bank accounts, no banking relationships, nothing an institution can freeze.
Send digital assets, receive USB against their dollar value. Redeem whenever you want and the process runs in reverse.
Deployed across independent strategies and many venues — chosen because the principal is protected by the structure of the trade, not by anyone's promise.
What the reserve earns, after our commission, flows to USB holders.
Every point of return has someone on the other side paying it. We can tell you exactly who, in every case — because a yield you can trace is a yield that lasts.
We lend the reserve into established on-chain money markets where every borrower has posted more collateral than they've borrowed. If they can't repay, their collateral is sold automatically by the protocol.
We buy yield at a rate locked in at the moment of purchase and known in advance. No guessing what rates will do.
Strategies that earn from spreads and market structure rather than from prices going up or down. Positioned so direction doesn't decide the outcome.
Different payers. Different reasons to pay. Inside every strategy the reserve spreads across many venues, and each strategy answers to a different kind of demand. When one source of demand thins out, the others keep going. That's what we mean by all-weather yield.
That's what a diversified, principal-preserving reserve realistically earns in today's market. It moves with rates and conditions — lower in quiet markets, higher when lending demand and trading activity pick up.
Target range, not a guarantee. Realised figures published once USB is live, with the methodology behind them. See what a bad year looks like →
Most of the world doesn't earn in dollars, doesn't spend in dollars, and shouldn't have to hold dollars to use digital money. Stabolut is built multi-currency from the start — the same reserve architecture, the same yield engine, in the currency you actually live in.
“Almost half of the global economy runs on non-USD currencies, yet stablecoins remain dollar-dominated. The future of digital finance is multi-currency by default, and Stabolut is building the infrastructure to lead that transformation.”
Javier Palomino — Co-founder, DEXToolsNo bank accounts. No banking relationships. No wire that has to clear.
The reserve lives on-chain, in protocols anyone can inspect — never in a bank account.
When USB goes live, this becomes a live dashboard. Here's exactly what will be on it, so you can hold us to it.
Every position at published addresses, alongside USB's total supply — with the script to recompute the backing ratio yourself.
Positions held at venues can't be read from a block explorer. Those come through signed feeds, timestamped so you can see how fresh each number is.
An independent firm reconciles the whole reserve against USB in circulation. Every report, archived permanently.
Some of the reserve sits where verification depends on a counterparty's reporting rather than on the blockchain. We'll label which numbers are which, and how old each one is. A dashboard that doesn't distinguish “proven” from “reported” isn't transparency — it's decoration.
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A stablecoin designed to hold a value of one US dollar, backed by a reserve of digital assets held on-chain. Unlike most stablecoins, holding it earns you a return.
Three places, each with someone on the other side paying it. Borrowers in over-collateralized lending markets pay interest to borrow against assets they don't want to sell. Holders of variable-rate positions pay a premium for fixed-rate certainty, and we take the other side. Traders pay to hold leveraged positions, and market makers earn the spread. None of it comes from new deposits, and none of it comes from a token we print.
We target 5–7% a year. It's variable and it isn't guaranteed. In a quiet market it will be lower — realistically 3–4%. We'd rather set that expectation now than explain it later.
Safer than an unbacked token and less safe than an insured bank account — and anyone who answers this in one word is selling you something. USB is fully backed, the reserve is spread across multiple venues so no single failure breaks it, and a buffer absorbs losses before holders do. It is not insured by any government scheme. Our full risk disclosure is here.
A diversified reserve of digital assets, held on-chain and deployed across the three strategies above. We don't use banks — no accounts, no banking relationships, nothing sitting in an institution that can freeze it. The reserve lives in protocols anyone can inspect.
Those are backed by dollars and government bonds held at banks, and they pay holders nothing — the issuer keeps the interest. USB is backed on-chain, touches no banks, and passes the return to you.
USDe earns almost entirely from one source: funding on perpetual futures. When that source dried up in 2026, its yield and its supply both fell sharply. USB spreads the reserve across several independent sources so no single market condition determines the outcome.
Yes. Redemption is at full backing value, through a published window that lets positions be closed in an orderly way rather than at a discount. The window exists to protect the value you get back. The terms are published, and they don't change without long notice.
It can happen in extreme conditions. A buffer, funded before any yield is distributed, absorbs it first. After that, holders earn nothing for a period — unpleasant, but different in kind from losing principal, and the design keeps those two things separate.
No. USB requires no identity verification to hold, send or receive. It's a token on a public blockchain and it behaves like one. You're responsible for complying with the rules that apply where you live.
Weeks after USB launches. Then the yen, yuan and pound — the same reserve architecture and the same guarantees, in the currency you actually use.
No. USB's yield comes entirely from what the reserve earns — not from a token we issue. That means no emissions, no unlock schedule, and no reason for the yield to collapse when a token price does.
We write when there's something worth reading — launch dates, reserve reports, and each new currency as it goes live.
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