Last month we focused on strengthening the transparency standards that support USDu. Market stress following the Stream collapse and the subsequent liquidity crisis demonstrated how quickly uncertainty spreads when collateral cannot be independently verified. We concentrated our efforts on building a multi-layer transparency framework that allows users to confirm solvency, overcollateralization and system behavior in real time. This report outlines the integrations completed with Accountable,...

Last month we focused on strengthening the transparency standards that support USDu. Market stress following the Stream collapse and the subsequent liquidity crisis demonstrated how quickly uncertainty spreads when collateral cannot be independently verified. We concentrated our efforts on building a multi-layer transparency framework that allows users to confirm solvency, overcollateralization and system behavior in real time. This report outlines the integrations completed with Accountable,...

IntroductionRecent market behavior has highlighted structural weaknesses in the stablecoin and broader DeFi ecosystem. The October 10 volatility event triggered rapid selling across assets, several stablecoins failed to maintain their peg, and contract exploits resulted in a loss of hundreds of millions. Off-chain fund managers took directional risk instead of running market neutral strategies, which resulted in a loss of collateral. Money market lenders were affected by collateral that had b...

IntroductionRecent market behavior has highlighted structural weaknesses in the stablecoin and broader DeFi ecosystem. The October 10 volatility event triggered rapid selling across assets, several stablecoins failed to maintain their peg, and contract exploits resulted in a loss of hundreds of millions. Off-chain fund managers took directional risk instead of running market neutral strategies, which resulted in a loss of collateral. Money market lenders were affected by collateral that had b...

The recent events within DeFi have shown that yield-bearing stablecoins must balance transparency, solvency and risk control. Many models rely on black box strategies, unverified collateral or directional exposure that creates vulnerabilities during volatile market conditions. The market has consistently demonstrated a need for a stable asset with verifiable backing and a predictable yield profile that does not depend on token emissions or market direction. Unitas was created with that premis...

The recent events within DeFi have shown that yield-bearing stablecoins must balance transparency, solvency and risk control. Many models rely on black box strategies, unverified collateral or directional exposure that creates vulnerabilities during volatile market conditions. The market has consistently demonstrated a need for a stable asset with verifiable backing and a predictable yield profile that does not depend on token emissions or market direction. Unitas was created with that premis...