Virtue Docs
  • Overview
    • What is Virtue?
    • How to use Virtue?
  • Key Features
  • Leverage in Virtue
  • Borrowing
    • What is VUSD
    • CDP(Collateralized Debt Position)
    • Fees for Borrowers
  • Mechanisms
    • Stability Pool and Liquidations
  • Recovery Mode
  • Redemption
  • Flash Loans
  • Flash Mint
  • Arbitrage Opportunities
  • Audits
    • Audit
  • Additional Resources
    • Contract Address
  • Brand Assets
  • Glossary
  • Official Links
  • Virtue SDK
  • User guides
    • Position Management
  • Stability Pool Management
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  1. Borrowing

What is VUSD

VUSD is a decentralized, over-collateralized stablecoin issued by the Virtue protocol on IOTA.

It is pegged to the US Dollar and backed by on-chain assets such as $IOTA and $stIOTA, ensuring transparency, capital efficiency, and strong price stability.

Key characteristics of VUSD

  • Fully backed by on-chain collateral

  • Cannot be under-collateralized

  • Trustless, censorship-resistant, and always redeemable via CDP repayment

  • Plays a central role in Virtue’s ecosystem (borrowing, liquidations and more)

By minting and using VUSD, users can retain exposure to IOTA ecosystem assets while unlocking stablecoin liquidity for additional yield strategies.

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Last updated 7 days ago