Stablecoins & IOUs

Multi-currency stablecoin issuance with over-collateralized reserves and cryptographic proof-of-reserves.

USDT

$185M

Primary stablecoin for USD operations

EUR

€50M

European market stablecoin

GBP

£30M

British pound stablecoin

GOLD

20M oz

Gold-backed tokens

USD

$60K

Small denomination USD

DONK

2M

Platform utility token

Issuance Model

All stablecoins are issued as XRPL IOUs (trust lines) from our dedicated issuer wallet. Each token is backed by reserves held in our treasury wallet.

Issuance Process

  1. User requests stablecoin (e.g., 1000 USDT)
  2. AI compliance agent verifies user eligibility
  3. User deposits collateral (fiat, crypto, or RWA)
  4. Treasury node creates trustline and issues tokens
  5. Tokens appear in user wallet instantly

Redemption Process

  1. User sends stablecoins back to issuer
  2. AI treasury agent validates transaction
  3. Tokens are burned (removed from circulation)
  4. Collateral released to user (fiat/crypto/asset)
  5. Settlement within 24 hours

Proof of Reserves

Our stablecoins maintain 110% over-collateralization at all times. Reserves are verifiable on-chain and audited monthly.

  • On-Chain Verification: All issuer and treasury wallets are public on XRPScan
  • IPFS Attestations: Monthly reserve reports published to IPFS with cryptographic signatures
  • AI Monitoring: Treasury agent continuously monitors reserve ratios and alerts on deviations
  • Bank Custodians: Fiat reserves held with regulated banks (statements available on request)
  • Real-Time Dashboard: Public dashboard showing live collateralization ratios

Current Collateralization: 114.2% | Last Audit: Nov 10, 2025 |IPFS: Qm...