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updatedAt: 2026-10-14T11:27:32.000Z
agentTools:
  projectIndex: https://docs.dinari.com/llms.txt
---

# 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](https://usd.dinari.com/transparency), 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](https://usd.dinari.com).
2. **Smart contract** — integrate USD+ programmatically using the Minter and Redeemer contracts. See the [USD+ token & contract addresses](https://docs.dinari.com/docs/usdplus-evm) and the [EVM integration guide](https://docs.dinari.com/docs/usdplus-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](https://docs.dinari.com/docs/usdplus-evm).

USD+ is also the default stablecoin across the Dinari [dShares™](https://docs.dinari.com/docs/what-is-dshare) platform — for example, dividends on tokenized equities are paid in USD+, so distributions begin earning yield the moment they land.