USDU is minted solely by the protocol through DAO-approved adapters whose positions (Curve LP, TermMax fixed-term lending, Morpho credit allocations) back the supply; holders redeem USDU to USDC via a Curve pool.

USDU Finance issues USDU, a USD-pegged, non-yielding, non-algorithmic stablecoin on Ethereum, collateralized by protocol-held DeFi adapter positions.

USDU Finance is an Ethereum stablecoin protocol whose open-source core contracts are maintained by Wryt Labs and which is governed by the USDU Finance DAO (Aragon). Backers and legal jurisdiction are not disclosed.

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Stablecoin issuers

USDU Finance

# Gas used Methodology

## Overview

Gas used measures the total gas consumed by an application. It reflects how much users are willing to incur transaction costs when using the application.

USDU Finance

Gas used

Gas used

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