LavaUSD is a stablecoin available to Lava users to use to fund their Lava account and use for payments and other financial services. LavaUSD can be moved without gas fees through the Lava app. Users can also convert LavaUSD to other stablecoins.
5,892,791
LavaUSD Total Supply in Circulation
$5,892,791
Reserve Assets(100.00% collateralized)
Reserve Assets and Investment Allocation
$1,767,837 Cash 30.0%
$4,124,954 Treasury** 70.0%
** Treasuries include money-market funds comprised of T-bill ladders with less than 3-month duration.