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CoinMarketCap.comDeFi needs more truly native, on-chain, and censorship-resistant stablecoins to fulfill its promise. That's why today, we are incredibly proud to launch DeFi Dollar. We’re further powering the Future of Finance by introducing $USDFI, an unstoppable stablecoin backed by the very tokens that govern DeFi itself.
To start, DeFi Dollar is collateralized by ten of the most trusted and liquid assets on Ethereum: $AAVE, $CRV, $FXS, $LDO, $LINK, $LQTY, $SKY, $UNI, $WBTC, and $YFI. But we aren’t just using these assets as collateral; we are building upon the foundational blocks they represent, integrating with battle-tested protocols including Uniswap, Chainlink, Curve, Yearn, Frax, and Liquity to create a truly composable and resilient system.
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