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.
4,497,184
LavaUSD Total Supply in Circulation
$4,497,184
Reserve Assets(100.00% collateralized)
Reserve Assets and Investment Allocation
$1,336,998 Cash 29.7%
$3,160,186 Treasury** 70.3%
** Treasuries include money-market funds comprised of T-bill ladders with less than 3-month duration.