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USR

Resolv USD Price (USR)

Resolv USD (USR) is currently priced at $0.47 USD. The price has increased 0.01% in the last 24 hours. It has a market capitalization of $9,511,611.26. Fully diluted valuation: $9,511,611.26. Circulating supply is 20,248,884.188 USR. Total supply is 20,248,884.188 USR.

$0.47

Stats

1 Day+0.01%
1 Month+2.9%
3 Months0.53%
1 Year0.53%
Market Cap$9.5M
Fully Diluted$9.5M

About Resolv USD

Resolv is a protocol that maintains USR, an overcollateralized stablecoin natively backed by Ether (ETH). USR achieves its peg by hedging its collateral pool and maintaining a tokenized insurance fund called RLP. Users can stake USR to obtain the yield-bearing version called stUSR. USR is minted by depositing liquid assets, such as USDC or USDT, on 1:1 value basis. When USR is redeemed, a user receives a 1:1 equivalent to the notional amount.