USD+ and stUSD+ Launch on Arbitrum One

A Stablecoin for Stability and Growth‍

We are proud to launch our multi-chain stablecoins USD+ and stUSD+ on Arbitrum One. USD+ and stUSD+ offer a solid foundation of US Dollar-pegged stability (with guaranteed 1:1 redemptions), coupled with the potential for growth based on fixed income assets.

Our yield-bearing stablecoin has a 1:1 US dollar value, reliably backed by short-term US Treasuries! USD+ and stUSD+(StakedUSD+), have been live on Ethereum Mainnet for the past month and we are very excited about deploying on Arbitrum One. You can find the dapp to mint and burn USD+ and stUSD+ here: https://usd.dinari.com/

Users can mint new USD+ tokens by depositing stablecoin (currently USDT, USDC, USDC.e) of equivalent USD value, and similarly, they can redeem USD+ tokens for stablecoin of equivalent USD value. When users then deposit their new USD+ tokens into the Staked USD+ contract, they become eligible to earn yield (if staked for longer than the minimum staking period). Digital asset reserves are held publicly in an on chain treasury for easy auditing and verification.


Benefits of USD+ on Arbitrum one‍

Arbitrum is a Layer 2 scaling solution for Ethereum, offering faster transactions and significantly lower fees than the Ethereum mainnet. By deploying USD+ on Arbitrum, we aim to improve the user experience and make our stablecoin more accessible to a broader range of users by offering:

• Lower Transaction Fees: users can transact with USD+ at a fraction of the cost compared to the Ethereum mainnet. This makes it more affordable for users to interact with Dapps and manage their stablecoin holdings.
  
  
• Faster Transactions: fast confirmation times ensure that USD+ transactions are processed quickly, allowing users to take advantage of time-sensitive opportunities in DeFi.
  
  
• Increased Adoption: By introducing USD+ on Arbitrum, we can attract a larger user community, encouraging growth with a TVL of $3.475B (as per DeFiLlama*) and boosting the overall adoption of our stablecoin.

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A Milestone in Dinari's Journey‍

The launch of USD+ on Arbitrum marks a pivotal chapter in our roadmap for a multichain experience. In addition to our 35+ 1:1 backed dShare assets, we are tirelessly working towards adding partnerships, new chain integrations, to offer the best experience to users across the globe. Stay tuned as we have some big announcements planned for the coming weeks and months we’re excited to share with you!

Want to learn more or get started with USD+? 

• Documentation here: https://docs.dinari.com/v/usd+-user-guide/
• Whitepaper here: https://assets.dinari.com/forms/usdplus-whitepaper.pdf

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• Website: https://www.dinari.com/

• Documentation: https://docs.dinari.com/

• Telegram: https://t.me/dinariglobal

• Discord: https://discord.gg/dinari

• Twitter: https://twitter.com/DinariGlobal

• LinkedIn: https://www.linkedin.com/company/dinari-global/

• Github: https://github.com/dinaricrypto