Minting Synthetic Fiat: USDx and EURx
AstroBank allows users to lock SOL as collateral to mint synthetic stable assets: USDx and EURx. These decentralized fiat analogs are pegged to their real-world counterparts, enabling global, stable-value transactions without relying on banks or centralized issuers.
Low overcollateralization: More efficient capital use
Trustless minting: Fully on-chain and algorithmic
Global stability: Use synthetic fiat across DeFi protocols and payments
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