What is Electronic USD?
Electronic USD (eUSD) distinguishes itself as a decentralized, 1:1 asset-backed stablecoin, seamlessly integrated within the Reserve Protocol ecosystem. Unlike conventional stablecoins, eUSD is overcollateralized by RSR tokens and supported by a diversified portfolio of yield-bearing stablecoins, including aUSDC, aUSDT, cUSDC, and cUSDT. This composition ensures its stability and resistance to censorship, utilizing derivative assets from established DeFi protocols such as Aave and Compound. On the Ethereum blockchain, eUSD is paired with Reserve's incentivized liquidity on decentralized exchanges like Curve Finance. This integration enables participants in the DeFi ecosystem and DAO treasuries to earn yield that is both decentralized and censorship-resistant while maintaining stability. The proof of reserves is consistently accessible on-chain 24/7, ensuring transparency and auditability. Within the MobileCoin ecosystem, eUSD enables private transactions through end-to-end zero-knowledge encryption. It supports regulatory compliance via a KYC/AML-permissioned bridge and is tailored for mobile devices, offering settlement times of under 5 seconds and minimal transaction fees. Each transaction carries a fixed fee of $0.0025 in eUSD, irrespective of the transaction size, making it highly efficient for digital payments and remittances. eUSD's decentralized governance model ensures community involvement in its operations, enhancing its resilience and adaptability. This community-driven approach, in conjunction with its overcollateralization and diversified backing, establishes eUSD as a strong and dependable stablecoin in the cryptocurrency landscape.














