Guides

What is USD+?

USD+ is a yield-bearing stablecoin issued by Dinari. It is pegged 1:1 to the US dollar, 100% backed by short-term US treasuries and USD, and it automatically pays yield to anyone holding it — no staking, claiming, or lockups required.

Think of USD+ like a brokerage cash sweep. When cash sits idle in a brokerage account, it is automatically swept into short-term US treasuries so it earns yield instead of doing nothing. USD+ works the same way for onchain dollars: it is the default redemption and settlement token across Dinari, and simply holding it earns yield on short-term US treasuries.

How yield works

USD+ is a daily rebasing token. Yield is distributed by increasing every holder's balance directly in their wallet — the number of USD+ you hold grows over time while each USD+ remains redeemable for $1.

  • Automatic — yield accrues to your wallet without staking, claiming, or any onchain action.
  • Rebasing — your balance increases on a daily basis; you do not receive a separate reward token.
  • Backed by treasuries — the dollars backing USD+ are invested in short-term US treasuries, and the interest those treasuries earn is what funds the rebase.

Minting and redeeming

  • Mint USD+ by depositing a supported stablecoin (USDC or USDT) of equivalent value.
  • Redeem USD+ at any time for $1 each, paid in USDC. Redemptions settle in 0–3 days depending on size.

There are two ways to access USD+:

  1. App — mint, hold, and redeem directly at usd.dinari.com.
  2. Smart contract — integrate USD+ programmatically using the Minter and Redeemer contracts. See the USD+ token & contract addresses and the EVM integration guide.

Where USD+ is available

USD+ is deployed on multiple EVM chains, including Ethereum, Avalanche C-Chain, Base, Arbitrum, and Plume (with testnet deployments available for development). The token and contract addresses for each chain are listed in Blockchain → EVM.

USD+ is also the default stablecoin across the Dinari dShares™ platform — for example, dividends on tokenized equities are paid in USD+, so distributions begin earning yield the moment they land.