How to Buy USDu

USDu, the yield-bearing stablecoin issued by Unitas, can be acquired on the secondary market or minted directly through the Unitas protocol.

Via the Unitas dApp interface, non-whitelisted users can seamlessly acquire USDu by exchanging other stablecoins (e.g. USDC, USDT) through integrated onchain liquidity sources.

Here's how it works:

The user selects a stablecoin they wish to convert into USDu via the Unitas UI.

This approach abstracts away the complexity of manual trading, allowing users to simply use stablecoins as input assets. The resulting onchain imbalances create arbitrage opportunities for whitelisted market makers, who can then proceed with the minting process. Minting USDu involves sending eligible backing assets to the Unitas protocol to receive newly issued USDu. Redeeming USDu involves burning USDu to withdraw the underlying backing assets.

Only whitelisted institutional participants can directly mint or redeem via the Unitas Mint Portal or API. Access to this functionality is gated and managed via allowlist controls to ensure system integrity and capital efficiency.