IOST: iUSD Launch

IOST stablecoin — iUSD will be issued on the IOST blockchain starting this month! iUSD supports a stable token swap solution pegged to USDC and TUSD, with USDT support to be added in the near future.

Developed by Rate3, a Node Partner in the IOST ecosystem, iUSD stablecoin uses a frictionless token swap solution that allows IOST users access to the deep liquidity available globally on USDC, TUSD and other ERC-20 stablecoins. This token swap solution has the added advantage of interoperability and gives users a platform to seamlessly and reliably transfer value between the IOST network and other blockchain networks. This solves a long-running problem relating to non-ERC-20 stablecoins, which is the lack of liquidity.