The Sovereign
Yield Dollar
Put your stablecoins to work with yield from
dollar-denominated sovereign bonds
Earn with USDh
Three steps. One seamless flow.
Connect, swap into USDh, and stake into sUSDh — watch the app come to life as you scroll.
One stable coin.
Spend & Grow
Spend and Trade with USDh, or stake it to earn rewards
Fully backed
Every USDh is collateralized 1:1 by short-duration sovereign bonds, held in segregated custody.
100%
Verified reserves
A live proof-of-reserves dashboard with on-chain attestations is launching soon.
Soon
Independent verification
Reserves audited and attested by leading independent firms, with reports published openly.
Verified
Insightful Analytics
Track yield, reserves, and protocol metrics in a dashboard sourced from on-chain truth.
Soon
Transparent
and Fully Backed
Backed 1:1 by sovereign bonds. Verifiable, audited, attested on-chain.
USDh
Use anytime
A stable, liquid asset for transfers, trading, and collateral.
Transfers
Trading
Collateral
Built for flexibility and everyday use.
Benefit
Liquid
Ready to move whenever you need it
Role
Base
The stablecoin you hold and use
sUSDh
Earn up to 10%
Stake USDh to earn dollar denominated sovereign bonds yield.
Up to 10% APY
Unstake Anytime
Secured
For users who want to earn on idle balances.
Benefit
Earning
Yield accrues while you hold it
Role
Staked
The version designed for higher yield
Estimate your earnings
See how much yield your stablecoins could earn over time at up to 10% APY.
Start Earning Today
Access the sovereign yield dollar backed by dollar denominated sovereign bonds
Earn up to 10%
The Sovereign
Yield Dollar
Put your stablecoins to work with yield from
dollar-denominated sovereign bonds
Earn with USDh
One Stable coin.
Spend & Grow
Spend and Trade with USDh, or stake it to earn rewards
Fully backed
Every USDh is collateralized 1:1 by short-duration sovereign bonds, held in segregated custody.
100%
Verified reserves
A live proof-of-reserves dashboard with on-chain attestations is launching soon.
Soon
Independent verification
Reserves audited and attested by leading independent firms, with reports published openly.
Verified
Insightful Analytics
Track yield, reserves, and protocol metrics in a dashboard sourced from on-chain truth.
Soon
Transparent
and Fully Backed
Backed 1:1 by sovereign bonds. Verifiable, audited, attested on-chain.
USDh
Use anytime
A stable, liquid asset for transfers, trading, and collateral.
Transfers
Trading
Collateral
Built for flexibility and everyday use.
Benefit
Liquid
Ready to move whenever you need it
Role
Base
The stablecoin you hold and use
sUSDh
sUSDh
Earn up to 10%
Stake USDh to earn dollar denominated sovereign bonds yield.
Up to 10% APY
Unstake Anytime
Secured
For users who want to earn on idle balances.
Benefit
Earning
Yield accrues while you hold it
Role
Staked
The version designed for higher yield
Transparent
and Fully Backed
Backed 1:1 by sovereign bonds. Verifiable, audited, attested on-chain.
100%
Fully backed
Every USDh is collateralized 1:1 by short-duration sovereign bonds, held in segregated custody.
Soon
Verified reserves
A live proof-of-reserves dashboard with on-chain attestations is launching soon.
Verified
Verified reserves
A live proof-of-reserves dashboard with on-chain attestations is launching soon.
Soon
Insightful Analytics
Track yield, reserves, and protocol metrics in a dashboard sourced from on-chain truth.
One Stable coin.
Spend & Grow
Spend and Trade with USDh, or stake it to earn rewards
USDh
Use anytime
A stable, liquid asset for transfers, trading, and collateral.
Transfers
Trading
Collateral
Built for flexibility and everyday use.
Benefit
Liquid
Ready to move whenever you need it
Role
Base
The stablecoin you hold and use
sUSDh
Earn up to 10%
Stake USDh to earn dollar denominated sovereign bonds yield.
Up to 10% APY
Unstake Anytime
Secured
For users who want to earn on idle balances.
Benefit
Earning
Yield accrues while you hold it
Role
Staked
The version designed for higher yield
Transparent
and Fully Backed
Backed 1:1 by sovereign bonds. Verifiable, audited, attested on-chain.
100%
Fully backed
Every USDh is collateralized 1:1 by short-duration sovereign bonds, held in segregated custody.
Soon
Verified reserves
A live proof-of-reserves dashboard with on-chain attestations is launching soon.
Verified
Verified reserves
A live proof-of-reserves dashboard with on-chain attestations is launching soon.
Soon
Insightful Analytics
Track yield, reserves, and protocol metrics in a dashboard sourced from on-chain truth.
The Sovereign
Yield Dollar
Put your stablecoins to work with yield from
dollar-denominated sovereign bonds
Earn with USDh
Estimate your earnings
See how much yield your stablecoins could earn over time at up to 10% APY.
One stable coin.
Spend & Grow
Spend and Trade with USDh, or stake it to earn rewards
Spend and Trade with USDh, or stake it to earn rewards
Fully backed
Fully backed
Every USDh is collateralized 1:1 by short-duration sovereign bonds, held in segregated custody.
Every USDh is collateralized 1:1 by short-duration sovereign bonds, held in segregated custody.
100%
100%
Verified reserves
Verified reserves
A live proof-of-reserves dashboard with on-chain attestations is launching soon.
A live proof-of-reserves dashboard with on-chain attestations is launching soon.
Soon
Soon
Independent verification
Independent verification
Reserves audited and attested by leading independent firms, with reports published openly.
Reserves audited and attested by leading independent firms, with reports published openly.
Verified
Verified
Insightful Analytics
Insightful Analytics
Track yield, reserves, and protocol metrics in a dashboard sourced from on-chain truth.
Track yield, reserves, and protocol metrics in a dashboard sourced from on-chain truth.
Soon
Soon
Transparent
and Fully Backed
Transparent
and Fully Backed
Backed 1:1 by sovereign bonds. Verifiable, audited, attested on-chain.
Backed 1:1 by sovereign bonds. Verifiable, audited, attested on-chain.
USDh
USDh
Use anytime
Use anytime
A stable, liquid asset for transfers, trading, and collateral.
A stable, liquid asset for transfers, trading, and collateral.
Transfers
Transfers
Trading
Trading
Collateral
Collateral
Built for flexibility and everyday use.
Built for flexibility and everyday use.
Benefit
Benefit
Liquid
Liquid
Ready to move whenever you need it
Ready to move whenever you need it
Role
Role
Base
Base
The stablecoin you hold and use
The stablecoin you hold and use
sUSDh
sUSDh
Earn up to 10%
Earn up to 10%
Stake USDh to earn dollar denominated sovereign bonds yield.
Stake USDh to earn dollar denominated sovereign bonds yield.
Up to 10% APY
Up to 10% APY
Unstake Anytime
Unstake Anytime
Secured
Secured
For users who want to earn on idle balances.
For users who want to earn on idle balances.
Benefit
Benefit
Earning
Earning
Yield accrues while you hold it
Yield accrues while you hold it
Role
Role
Staked
Staked
The version designed for higher yield
The version designed for higher yield