DescriptionPlume USD is the premier stablecoin of the Plume ecosystem, designed to support seamless financial operations within Real World Asset Finance (RWAfi). Plume USD maintains a 1:1 peg with the US dollar, backed by a reserve of the world's most trusted stablecoins.
Category:crypto-backed
Minting and RedemptionPlume USD is minted by depositing USDC or USDT into the pUSD vault, and is redeemable 1:1 for USDC at any time, or for USDT at the current USDT/USDC exchange rate.