DescriptionUSD+ is USDC that pays yield daily via rebase. The USD+ stablecoin can be instantly minted and redeemed to USDC 1:1.
Category:crypto-backed
Minting and RedemptionUsing the Overnight app, users swap USDC to mint USD+ 1:1. USD+ can be redeemed for USDC 1:1 at any time.
USD+ (USD+)