How USAD Works
USAD is a next‑generation, ERC‑4626‑compliant, USD‑pegged digital asset designed for everyday utility and institutional‑grade transparency. It is issued against a diversified reserve basket and operates with clear, auditable on‑chain mechanics so anyone can verify supply and flows. Whether you are a retail user or an integrator, USAD aims to deliver a fast, predictable, and secure experience across popular EVM networks.
Beyond on‑chain interoperability, USAD emphasizes practical usability. Daily circulation figures and periodic attestations help you assess risk quickly, while standards‑based vault logic improves compatibility with wallets, exchanges, and DeFi protocols.
Vault and Issuance Flow (ERC‑4626)
USAD is implemented as an ERC‑4626 tokenized vault. Depositors provide reserve assets (e.g., BTC, USDC, USDT, GXAU) to the vault, and in return receive USAD shares representing their claim on the underlying basket. Redemptions burn USAD shares and withdraw the corresponding amount of reserve assets. The vault mechanics are standards‑based and interoperable with wallets and DeFi protocols.
Depositor
Deposits assets (BTC, USDC, USDT, GXAU)
ERC‑4626 Vault
EtherscanMints and burns USAD shares
- Deposit: assets → USAD + proof of deposit
- Redeem: burn shares → withdraw assets
Reserves
wBTC0.00
USDC0.00
USDT0.00
GXAU405.20
GXAG0.00Depositor
Deposits BTC, USDC, USDT, GXAU
Reserves
wBTC0.00
USDC0.00
USDT0.00
GXAU405.20
GXAG0.00What is ERC‑4626?
ERC‑4626 is an Ethereum standard for tokenized vaults that defines a common interface for deposits, withdrawals, share accounting, and asset conversions. It enables composability across the ecosystem so integrations can rely on a predictable API for vault tokens.
Observe on‑chain
Explore the USAD token and vault address directly on Etherscan.
Use USAD with Gimbutis X
The Gimbutis X wallet offers native USAD support, letting you manage balances and spend via crypto‑card rails with a familiar, card‑like experience. It’s a fast way to bring stable on‑chain value into everyday payments without compromising on self‑custody. Learn more at gimnutisx.com.