Bera USD

$BUSD is soft-pegged to the US Dollar and fully collateralized. It is Berachain’s native stablecoin, providing a stable means of exchange within the ecosystem and beyond. ​ Using and minting $BUSD $BUSD serves the same role as other stablecoins — payments, remittances, hedging against volatility — and is widely used across Berachain DeFi as a base trading pair and lending asset. Minting and redeeming $BUSD against collateral happens through busd.berachain.com. You can also acquire it by swapping on BEX or another exchange. The lifecycle is straightforward: deposit a whitelisted collateral asset to mint $BUSD, use it however you like, and redeem it for collateral when you’re done. Minting and redemption rates are configurable per collateral asset by governance. ​ Collateral assets The following assets can be used as collateral to mint $BUSD: $USDC $BYUSD ($pyUSD) $USDT0 $USDE New collateral assets can be added through governance. ​