LavaUSD is a Bitcoin-native, permissionless stablecoin from Lava.xyz, always redeemable 1:1 for US dollars and fully backed by USD-denominated assets held at regulated financial institutions. The reserves are custodied by industry giants like BlackRock, Fidelity, and Apex, and consist of cash, short-term US Treasuries, overnight Treasury repurchase agreements, and money market funds—ensuring robust transparency and security for holders. LavaUSD is designed for seamless programmability and interoperability, empowering users to move between Bitcoin and dollars without friction or compromise. As part of Lava’s commitment to self-sovereignty and user empowerment, LavaUSD offers on-chain proof of reserves and is built to be resilient, auditable, and always accessible. Lava.xyz’s team and ecosystem are backed by respected institutions and investors, reinforcing trust and credibility in the product.

• What backs LavaUSD, and where are the reserves held? * LavaUSD is fully backed by USD-denominated assets, including cash, US Treasuries, repurchase agreements, and money market funds, custodied at regulated institutions such as BlackRock, Fidelity, and Apex.
• Is LavaUSD always redeemable for US dollars? * Yes, LavaUSD is always redeemable 1:1 for USD, ensuring users can exit to dollars at any time without risk of getting rugged.
• Are the reserves for LavaUSD protected in case of bankruptcy? * The reserves are held in segregated accounts for the benefit of LavaUSD holders, providing protection even in the unlikely event of a custodian’s bankruptcy.
• Are LavaUSD’s reserves audited, and how often? * LavaUSD’s reserves are subject to regular audits to guarantee transparency, with on-chain proof of reserves available for user verification.
• Can LavaUSD be exchanged for other stablecoins or used on multiple chains? * LavaUSD is designed for permissionless programmability and interoperability, supporting exchange with other stablecoins and use across supported chains.

LavaUSD embodies the Bitcoin ethos of financial freedom and transparency, giving users a programmable dollar that’s as robust as the network itself. For more details, visit https://www.lava.xyz/ or reach out to the team at concierge@lava.xyz.

Ready to experience Bitcoin-native liquidity? Sign up for LavaUSD today and HODL your way to financial sovereignty.