Table of Contents
Table of Contents
Introduction
$35 trillion in untapped US home equity represents massive inefficiency that could be unlocked through asset-backed currency systems.
Solution
USDX is a private credit stablecoin that allows real estate owners to borrow against their properties through collateralized debt positions while maintaining ownership.
Benefits
Earning yield on USDX can help homeowners pay off their mortgage 5+ years early by making extra payments.
Practical Overview of USDX
USDX enhances existing financial frameworks by providing 24/7 liquidity and making institutional-level basis trades accessible to retail users.
Technical Overview of USDX
Properties are tokenized as NFTs, given USDX credit lines, and borrowers receive USDX tokens while debt NFTs track the obligations. ZK technology maintains privacy.
Evaluation of Deposits and Depositors
Properties undergo rigorous valuation, title verification, and documentation checks while owners face KYC, credit checks, and risk scoring.
Maintaining USDX Peg Stability
USDX maintains its $1 peg through overcollateralization, debt repayment incentives, market operations, and requiring interest payments in stablecoins.
Rate Determination:
Real estate consistently offers lower borrowing rates than crypto markets, with traditional mortgage rates 150+ basis points below typical DeFi rates.
Roadmap
Development progresses from testnet (Solana/EVM) through audits to mainnet launch.
Future Improvements
Planned expansions include international properties with local currency pegs, enhanced debt markets, and diverse yield payment options.
Conclusion
Stable creates a paradigm shift enabling real estate owners to unlock liquidity while maintaining asset exposure through tokenization and structured risk management.
Appendix
Glossary
References
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