LUSD — Life USD

Executive Summary

LUSD is a payment stablecoin pegged 1:1 to the United States dollar (USD). Minting and redemption occur at a 1:1 rate after KYC/KYB and AML verification.

Use cases include payments, e-commerce, and cross-border trade with transparency and compliance under UAE law.

Mission & Principles

• 100% reserve in USD held.
• Jurisdictional neutrality and transparency.
• KYC/KYB/AML compliance.
• Proof-of-Reserves with public dashboard.

Peg Model & Tokenomics

1 LUSD = 1 USD. Reserves are 100% cash or equivalents in banks. No exposure to foreign debt instruments.

Minting & Redemption

Mint and redeem LUSD through verified channels after KYC/KYB/AML checks. 1 LUSD = 1 USD on redemption.

Anti-Fraud & User Security

Smart contracts include freeze/unfreeze functions and an emergency contact channel with ≤24h response time.

Proof-of-Reserves

Monthly audits by licensed UAE auditors verify supply equals reserves. Public dashboards display live data.