Collateral of USSD Stable coin contains 4 crypto assets in Ethereum Mainnet that will ensure maximum decentralization possible nowadays:



Such cryptoassets as WBTC and WETH will make collateralization ratio possible x2-x5 times. But we include a radical element in the collateral structure, namely the BGL (Bitgesell) coin, which is deflationary and has a small capitalization (at the time of writing). It was included in the collateral to overcome collateral fluctuations in the first period of USSD adoption and to increase collateral upside in the long run. Therefore 10x+ collateral ratio will be reached.

• 1. USSD cannot be frozen on anyone’s address, banned or blacklisted – by code.
• 2. The collateral stays visible on the smart contract and could not be accessed by anyone, except the redeem/rebalance logic in the code.
• 3. Code is 100% open-source.
• 4. Collateral doesn’t include:
  - short-term US treasures
  - cash in US banks
  - any cryptoassets that are directly connected to the financial insitutions.
• 5. USSD doesn’t have any intrinsic business tied with it, like borrowing/lending protocol, return on collateral investing. USSD is non-profit project.

USSD Stable coin aims to provide what the crypto community needs: freedom and safety.