Indigo Protocol iUSDIUSD
Convert IUSD to your currency
Last Updated on Oct 02, 2025 11:52 AM
What is Indigo Protocol iUSD?
About the coin
iUSD is Cardano’s first fault-tolerant and fully collateralized native stablecoin, released in November 2022 as part of Indigo Protocol v1. It is pegged to the median value of USDC, TUSD, and USDT, allowing it to maintain its peg even if one of these stablecoins depegs.
Main features
The Indigo Protocol is a CDP (Collateralized Debt Position) based DeFi protocol that introduces capital-efficient synthetic assets to the Cardano ecosystem. Users can acquire iUSD from a DEX like any Cardano native asset or mint iUSD within the Indigo Protocol by depositing ADA as collateral.
How it works
When minting iUSD within the Indigo Protocol, users must deposit enough ADA to keep their CDP above the Minimum Collateralization Ratio (MCR), ensuring over-collateralization. If the ADA collateral value decreases towards the MCR, users can add more collateral to maintain their iUSD position. If collateral falls below the MCR, the Indigo Stability Pool providers allow users to retain their iUSD while exchanging Stability Pool iUSD for the user's higher value ADA collateral, ensuring iUSD remains overcollateralized and the protocol solvent. Unique to Indigo, users continue to receive ADA staking rewards from stake pool delegation while ADA is used as collateral in a CDP, offering a unique use case for iUSD in trading strategies. The Indigo DAO controls iUSD parameters and can vote to adjust the Minimum Collateralization Ratio for iUSD and all Indigo iAssets.
Wallet for Indigo Protocol iUSD
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Tangem supports networks for Indigo Protocol iUSD
- Cardano
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Indigo Protocol iUSD FAQ
- Owning cryptocurrency can be important for several reasons: it provides a decentralized way to store and transfer value, offers potential for investment growth, enables participation in emerging financial technologies, and can be used for secure and private transactions.
- A cryptocurrency wallet is a tool or device that allows you to store, manage, and use your cryptocurrency. It keeps your private keys secure and enables you to interact with various blockchain networks, including Bitcoin and Ethereum.
- When choosing a cryptocurrency wallet, consider factors such as security, ease of use, and cryptocurrencies supported. Also determine whether you prefer a hardware or software wallets. Research reviews and compare features to find the best option for your needs.
- Cardano (ADA -4.09%) is a blockchain platform that has set its sights high with a goal to make the world work better for everyone and redistribute power to the margins.ADA tokens are its native cryptocurrency, which are used to pay transaction fees on Cardano. They can also be staked to earn rewards.
- Certainly! Here's an article about the cryptocurrency EthereumMax: EthereumMax (EMAX) isa cryptocurrency that has gained significant attention and popularity in the digital currency market. It is built on the Ethereum blockchain, which is known for its robust and secure network.
- Edgeware (EDG) isa smart contract blockchain that operates on a Proof-of-Stake (PoS) mechanism. According to the official document, the Edgeware platform is a community-driven network and proposal system developed to support DAO (decentralized organization).
- iUSD isCardano's first fault-tolerant and fully collateralized native stablecoinreleased in November of 2022 as part of Indigo Protocol v1. iUSD is pegged to the median value of USDC, TUSD, and USDT; this design allows iUSD to maintain its peg even if one of the three stablecoins (USDC, TUSD, and USDT) depegs.
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