What is StablR USD (USDR)
StablR USD (USDR) is a USD-pegged stablecoin operating on the Ethereum blockchain, designed to maintain a 1:1 value with the United States Dollar. Issued under an ERC-20 compatible Fiat Token smart contract, USDR facilitates seamless and secure transactions across Ethereum addresses, offering businesses and individuals a reliable digital alternative to traditional fiat USD. Fully backed by assets stored in segregated accounts, USDR ensures stability and transparency, with near-zero transaction costs and 24/7 accessibility, making it an efficient solution for global payments and financial operations. USDR is also MiCAR-compliant, aligning with the European Union's regulatory framework for crypto-assets, thereby ensuring adherence to stringent compliance standards.
Discover more about USDR on the Bitfinex Blog.
Supported Transport Protocol
- ERC-20
Supported Blockchain
- Ethereum
Useful links