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DUSD is a yield-bearing stablecoin from StandX, created by former Goldman Sachs and Binance Futures team members. It generates returns from staking and futures funding fees, distributing rewards automatically to holders every seven days without requiring staking. The asset is fully collateralized by market-neutral assets and can be minted directly using USDT or USDC.
StandX operates as a Perps DEX that lets traders use margins which earn yield. Its initial offering is DUSD, a stablecoin that generates returns. This product enables StandX users to earn on their margin balances.
DUSD is built to provide competitive yields through several key features:
The core team includes individuals from the Goldman Sachs and Binance Futures founding teams. They hold the view that DeFi represents the future, allowing them to leverage their centralized exchange (CEX) background to build better on-chain products. StandX remains fully self-funded, having declined all outside investment. This autonomy lets the project focus on sustainability and long-term expansion rather than short-term profits, while maintaining strong alignment with its community.
You can obtain DUSD by minting it directly on the StandX official website. This process serves as the initial step to access the secure, yield-bearing stablecoin. It allows you to convert your USDT or USDC into the native stablecoin without requiring staking or complex procedures. The team describes the minting experience as seamless and robust, aiming to maintain user confidence throughout.