USDⒼ Basket Criteria

Criteria for Grouping

Every constituent token in the USDⒼ group must always have the same notional value and must be free from possible arbitrage (i.e. is always tradable at a 1:1 rate)

The criteria for USDⒼ constituent tokens are as follows:

• Is redeemable at a 1:1 rate for the underlying:

  • directly from the issuer's platform (e.g. Circle for USDC) ,

  • without a percentage-based fee,

  • with delivery of U.S. dollars within T+3 days.

• Is fully backed with the collateral having the same underlying

• Has a market cap of >$100m

• Has an overall market liquidity of >$10m