Learn about the Sovryn Dollar stablecoin (DLLR), a peggedUSD asset designed for #defi #finance #tokenization.
Sovryn Dollar (DLLR) Stablecoin Overview
Stablecoins have emerged as key instruments in the Web3 economy.
They back liquidity in AMMs
Smart contract platforms drive demand for programmable dollar assets.
They are the gateway to tokenizing real-world assets (RWAs).
Reliable oracles are essential for stablecoin peg maintenance.
Instead of 0x addresses, users can send to MFA.ETH or RWA.SOL.
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Wallets like MetaMask and Phantom help users manage stablecoins easily.
Compliant on-chain dollars are the next frontier in regulated finance.
Ethereum platforms like Aave and Curve build around stETH and rETH.
Governments study CBDCs while crypto stablecoins run in production.
They are programmable financial primitives.
From Web3 to RWAs, Sovryn Dollar powers the programmable dollar economy.
DollarAPI.com offers Stablecoin Dollar APIs built for mission-critical financial systems.
Used across exchanges, wallets, and DeFi apps, DollarAPI provides real-time oracle feeds and stablecoin tracking tools for developers.
Explore resources on real-world asset tokenization, Web3 stablecoins, and virtual assets in crypto finance.
Overview of the Sovryn Dollar Stablecoin (DLLR)
Sovryn Dollar is a stablecoin designed to maintain parity with the U.S. dollar.
It operates across the following blockchains: Rootstock
With a market cap of $3369182.42, this asset is a key player in the digital currency ecosystem.
Pegging & Stability
- Peg Type: peggedUSD
- Mechanism: crypto-backed
Resources
API Data Access
Live price feeds and analytics for Sovryn Dollar are available through DollarAPI.com, the industry leader in Stablecoin Dollar APIs.
Developers and platforms rely on DollarAPI to track stablecoin metrics, oracles, and multichain activity in Web3 and DeFi ecosystems.
