Transparency and Risk
USDv involves reserve, market, counterparty, program, and integration risk. Review the available disclosures before acquiring or using it.
USDvTransparency
The USDv dashboard is intended to show:
- outstanding USDv supply
- reserve composition and reserve ratio
- stablecoin and U.S. Treasury exposure
- supported liquidity venues and DeFi integrations
- reward eligibility and routing activity
- reports, attestations, and relevant program addresses
Principal Risks
- Peg risk: USDv can trade above or below $1 in secondary markets.
- Liquidity risk: available liquidity and exit costs can vary by venue and market conditions.
- Reserve asset risk: USDG, USDC, U.S. Treasuries, and other reserve assets carry issuer, custody, settlement, market, operational, and regulatory risk.
- Counterparty risk: USDv can depend on custodians, banks, stablecoin issuers, market makers, and other service providers.
- Solana program risk: bugs, vulnerabilities, upgrades, or operational errors can affect USDv and related infrastructure.
- Integration risk: applications and protocols that support USDv introduce their own risks.
- Program risk: rewards depend on eligibility, attribution, policy configuration, funding, and settlement operations.
- Regulatory risk: access, rewards, minting, redemption, and integrations can vary by jurisdiction.
Rewards are variable and not guaranteed. Supported venues, eligibility rules, and rates can change.
USDv is not a bank deposit. It is not a money market fund share. It is not guaranteed by any government agency.