StablR USD (USDR) Is Now Available for Trading on LBank Exchange
May 02, 2025 6:24 AM EDT | Source: LBank
Road Town, British Virgin Islands--(Newsfile Corp. - May 2, 2025) - LBank Exchange, a global leader in digital asset trading, has officially listed StablR USD (USDR) on May 1, 2025. The USDR/USDT trading pair is now live and available for trading at https://www.lbank.com/trade/stablrusd_usdt, offering users access to a stable and secure digital asset backed by the US dollar.
STABLR USD (USDR) Listing Banner
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StablR USD (USDR) is an electronic money token (EMT), pegged 1:1 to the US dollar, designed to facilitate efficient digital transactions in the growing cryptocurrency space. Built on Distributed Ledger Technology (DLT), USDR provides users with a reliable, transparent, and easily transferable stablecoin solution. With its seamless integration into decentralized finance (DeFi), cross-border payments, and more, USDR aims to become a key player in the future of digital financial systems.
StablR USD: A USD-Backed Stablecoin for Digital Finance
StablR USD (USDR) offers a fully-regulated, fiat-backed stablecoin solution that combines the US dollar with the potential advantages of blockchain technology. Each USDR token is backed 1:1 by USD reserves, aiming for stability and security for its holders. The token is designed for multiple use cases, including as a store of value, a medium of exchange, and a unit of account within various DeFi applications, online transactions, and cross-border payments.
StablR is committed to transparency, providing regular reserve attestations and complying with AML/CFT requirements, aiming to make USDR a trustworthy asset for institutional and individual users alike. It operates within a secure and regulated framework, supported by a rigorous proof of reserves mechanism that aims for stability and integrity of the token's backing.
Tokenomics
The StablR USD (USDR) token is a fully-backed stablecoin, pegged to the US dollar, with the goal of providing a reliable, secure, and scalable solution for digital finance.
Key Details:
Token Name: StablR USD
Token Symbol: USDR
Blockchain: Ethereum (ERC-20)
Total Supply: Dynamic, based on market demand and USD-backed reserves
Decimals: 6
Core Features:
1:1 USD Peg: Each USDR token is backed by one US dollar.
Reserve Management: StablR maintains strict risk management policies, with reserves held in segregated accounts and liquid assets.
Redemption Rights: USDR holders have the right to redeem tokens at par value at any time.
Fiat Backing: Reserves are held by StablR in secure, regulatory-compliant financial institutions and undergo regular attestations to maintain the 1:1 peg with the US dollar.
Governance & Transparency: The issuance and burning of USDR tokens are governed by a multi-signature process and transparent reporting.
Distribution and Liquidity:
- USDR is primarily distributed through B2B partnerships and supported by a robust ecosystem of liquidity providers and exchanges, enabling seamless access for global users.
Market Utility:
Payments: USDR serves as a medium for cross-border payments and transactions within decentralized applications.
DeFi Integration: USDR is integrated into leading DeFi protocols, offering users the ability to potentially earn yield, provide liquidity, and participate in decentralized governance.
Store of Value: With its transparent backing, USDR aims to act as a reliable store of value in the cryptocurrency market.
Learn More about StablR USD
Website: https://stablr.com/
About LBank
Founded in 2015, LBank is a top crypto exchange offering financial derivatives, asset management, and secure trading. With over 15 million users across 210+ regions, LBank ranks in the top 20 for spot trading and top 15 for derivatives trading globally, aiming for fund integrity and supporting global crypto adoption.
Leveraging its acute market insight and expertise, LBank always takes the lead in spotting and listing Alpha altcoins.
Start Trading Now: lbank.com
Community & Social Media:
Press contact:
press@lbank.com
Business Contact:
LBK Blockchain Co. Limited
LBank Exchange
marketing@lbank.com
business@lbank.com
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