Lifecycle

USD1 that has been issued onto the Ethereum blockchain can then be used for absolutely any purpose that a regular USD would be used for, e.g.:

  • Fiat world activities:

    • Transfer money to anyone, anywhere, with no fees other than gas

    • Pay a merchant by scanning a QR code and pressing "Send"

    • Absolutely anything else that you would normally do with a USD...

  • Crypto world activities:

    • Market Making

    • Speculation

    • Arbitrage

    • Investment

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