Concrete Collateralization in Tier One Banks
ICUSD takes a proactive stance toward collateralization. Rather than relying on the proceeds of stablecoin sales to build reserves, ICUSD secures its foundation with ready cash reserves.
Transparent Verification with Infinnity Lab Ltd.'s Decentralised Oracle Network
At the heart of ICUSD's integrity lies in Infinnity Lab Ltd.'s Decentralized Oracle Network (DON). By leveraging this cutting-edge technology, ICUSD ensures on-chain verifiability of its reserved funds, eliminating the need for blind trust in issuer-provided statements.
Overcollateralised Reserves for Unwavering Stability
Infinnity Lab Ltd.'s Decentralised Oracle Network (DON) verifies off-chain reserves held in escrow bank accounts through API calls to obtain SWIFT confirmation, ensuring that only 90% of the reserve value circulates as ICUSD at any given time. This maintains a 100:90 ratio between reserves and circulating supply. Any deviations trigger automatic mint or burn events, preserving stability within the ICUSD ecosystem.
Driving Trade Innovation
ICUSD serves as a key collateral in the DGSWIFT Ecosystem's "CABLE" framework, utilizing ICUSD stablecoins to bridge the $2.5 trillion gap in cross-border trade financing. Collateralized through DGSwift and CABLE, ICUSD can be used to issue Bank Guarantees and Standby Letters of Credit, driving innovation and efficiency in global trade.
Empowering Users with Liquidity and Redemption
Not just confined to the digital realm, ICUSD acts as liquidity for over-the-counter (OTC) trades and redemption. Businesses can accept crypto payments without the risk of market volatility, while enjoying seamless on/off-ramp solutions for greater flexibility and convenience.
