Introduction

Introduction

$35 Trillion of value sits in untapped US home equity, representing a significant inefficiency in asset utilization. $11 Trillion of that equity can be tapped before LTVs exceed 80%.

Hundreds of trillions in value is stored similarly in farmland, hotels, parking lots, stadiums, parks, schools, etc... Not to mention bonds, commodities, securities, or the Zombieland IP.

The value for an asset-backed monetary system already exists. Stable provides a novel approach to transmute that value by creating a CDP against an owner’s assets (their equity in the asset), giving them liquid currency without them needing to forfeit their upside.

USDX is the mechanism through which Stable achieves this.