USDPG Overview
USD Stablecoin Peg (USDPG) is a non-custodial portfolio strategy that offers depositors exposure to the volatility of crypto assets assumed to be valued at 1 USD, specifically USDC and USDT.
USDPG users assume the risk of one or more underlying assets temporarily or permanently drifting from its “peg”, or assumed value, of 1 USD, and experience returns in the form of trading fees accrued via swaps occurring within the USDPG liquidity pool.
| Upside Scenario | One or more of the underlying assets experiences price volatility leading to swaps occurring within USDPG. When asset prices revert back to 1 USD, depositors should expect to make a positive return in the form of swap fees. |
| Downside Scenario | One or more of the underlying assets experiences price volatility, leading to swaps occurring within USDPG. Asset prices do not return to 1 USD, leading to a loss of principal larger than the trading fees accrued from price volatility. |
| Par Scenario | Depositor withdraws from USDPG before the underlying assets experience sufficient price volatility to facilitate a swap. |
USDPG may be acquired via participation in the Primary Market, available on the Portfolio Interface (opens in a new tab), or via Secondary Market venues.
For more information, including risks and implementation, view the USDPG Propsectus (opens in a new tab).