SoulPeg
Overview
What is SoulPeg?
SoulPeg issues SoulPeg USD (SPUSD), a BEP-20 stablecoin that wraps the non-transferable sUSDC deposit token into a transferable, USD-pegged representation on BNB Smart Chain.
How does SoulPeg work?
Users mint SPUSD by wrapping sUSDC and burn SPUSD to unwrap back to sUSDC, maintaining a 1:1 USD peg.
Who governs SoulPeg?
SoulPeg (SoulPeg Labs) develops the SoulPeg USD stablecoin wrapper.
No business model data available
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.