$1.00

xDollar Stablecoin (XUSD) is a decentralized digital asset designed to maintain a value closely tied to the U.S. dollar. It is issued through the xDollar platform and developed under the governance of Fathom DAO, a decentralized autonomous organization. The stablecoin operates with a soft peg to the U.S. dollar, aiming to provide a consistent medium of exchange and store of value within the cryptocurrency ecosystem.

The stablecoin’s backing relies on an over-collateralized framework, primarily using XDC Tokens as collateral. This approach ensures that the value of reserves exceeds the number of stablecoins in circulation, offering a buffer against market volatility. Additionally, the platform has explored incorporating real-world assets as collateral, which could further diversify its security base. The collateralization ratio is managed according to parameters set by the Fathom Protocol. XUSD is redeemable on a 1:1 basis for U.S. dollars and is highly divisible, allowing transactions in fractions as small as $0.000001, which supports microtransactions and broad accessibility.