USDR Tangible Real USD token
Overview
Tangible DAO issues USDR Tangible Real USD, a stablecoin that generates yield and is backed entirely by tokenised real estate (Tangible NFTs) together with additional reserves. The token is created when users deposit stablecoins into the protocol, which subsequently purchases real estate to collateralise the USDR supply. In October 2023, USDR suffered a notable depeg triggered by liquidity constraints, as redemption requests surpassed the available liquid assets.
Within The Counterparty graph, USDR Tangible Real USD connects to 2 tracked entities, most strongly to Tangible, Tangible.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 2 of 2 total).
| Relation | Connected entity | Confidence |
|---|---|---|
issued_by | Tangible | 90% |
regulated_by | Tangible | 85% |
Frequently asked questions
What is USDR Tangible Real USD?
USDR Tangible Real USD is a stablecoin tracked in The Counterparty knowledge graph. It is connected to 2 other tracked entities, most strongly to Tangible, Tangible.
What type of entity is USDR Tangible Real USD?
USDR Tangible Real USD is classified as a stablecoin (token) in The Counterparty knowledge graph.
What is USDR Tangible Real USD connected to?
In The Counterparty knowledge graph, USDR Tangible Real USD is linked to 2 other tracked entities, most strongly to Tangible, Tangible.