Electronic USD token
Overview
Electronic USD (eUSD) is a stablecoin that generates yield, issued by the Lybra Finance protocol on the Ethereum blockchain. Its backing consists of liquid staked ETH (stETH), and it operates with a soft peg to the US dollar. Within decentralised finance, eUSD functions as a stable store of value while accumulating yield derived from ETH staking rewards.
Within The Counterparty graph, Electronic USD connects to 7 tracked entities, most strongly to Ethereum, Arbitrum, Base.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 7 of 7 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ethereum | 95% |
deployed_on | Arbitrum | 95% |
deployed_on | Base | 95% |
issued_by | Reserve Protocol | 95% |
backed_by | USD Coin | 90% |
backed_by | Tether USD | 90% |
backed_by | Dai | 90% |
Frequently asked questions
What is Electronic USD?
Electronic USD is a stablecoin tracked in The Counterparty knowledge graph. It is connected to 7 other tracked entities, most strongly to Ethereum, Arbitrum, Base.
What type of entity is Electronic USD?
Electronic USD is classified as a stablecoin (token) in The Counterparty knowledge graph.
What is Electronic USD connected to?
In The Counterparty knowledge graph, Electronic USD is linked to 7 other tracked entities, most strongly to Ethereum, Arbitrum, Base.