Orby Network USC Stablecoin (USC)
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About Orby Network USC Stablecoin
The Orby Network USC Stablecoin (USC) is Cronos’ first native overcollateralized, yield-generating stablecoin. With USC, users can grow their wealth and access interest-free borrowing. The platform offers a secure and transparent environment, ensuring USC is backed by innovative mechanisms designed to maintain peg stability.
By connecting their wallet to the Orby Network, users can deposit supported collateral and use it to borrow USC. The platform’s security-first approach ensures more than a dollar’s worth of collateral backing every dollar of USC. Debt levels are continuously monitored to maintain stability, and immediate liquidations are in place to settle undercollateralized loans.
With USC, users can earn from their deposited collateral and participate in the protocol’s growth. Additionally, the native token of the protocol, $ORB, accrues a share of the fees generated by the platform. Orby Network USC Stablecoin provides a user-friendly dashboard for easy redemption and access to important documentation and FAQs.
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