{"id":"web3-dollar","title":"Web3 Dollar","content":"**Web3 Dollar (USD3)** is a yield-bearing, USD-denominated [stablecoin](https://iq.wiki/wiki/stablecoin) that operates on the [Reserve](https://iq.wiki/wiki/reserve) protocol. Structured as a Decentralized Token Folio (DTF), it is fully backed by a diversified portfolio of interest-bearing [stablecoin](https://iq.wiki/wiki/stablecoin) positions derived from overcollateralized [decentralized finance (DeFi)](https://iq.wiki/wiki/defi) protocols. USD3 is designed to maintain a value pegged to the U.S. dollar while passively generating and distributing yield to its holders. [\\[1\\]](#cite-id-RwSstxcOHCUW2BS7) [\\[5\\]](#cite-id-yoPEsxj4cB7wDiej) \n\n## Overview\n\nWeb3 Dollar (USD3) is a yield-bearing, USD-denominated [stablecoin](https://iq.wiki/wiki/stablecoin) implemented as a Decentralized Token Folio within the [Reserve](https://iq.wiki/wiki/reserve) protocol. It is fully collateralized on a one-to-one basis by a diversified basket of interest-bearing [stablecoin](https://iq.wiki/wiki/stablecoin) positions deployed across overcollateralized [decentralized finance](https://iq.wiki/wiki/defi) lending markets. The underlying [collateral](https://iq.wiki/wiki/collateral) consists of yield-generating [stablecoin](https://iq.wiki/wiki/stablecoin) assets, and the aggregate yield produced by these positions accrues automatically at the protocol level and is reflected in the token’s redeemable value while maintaining a U.S. dollar reference. USD3 aggregates exposure to multiple [DeFi](https://iq.wiki/wiki/defi) lending venues into a single onchain token, removing the need for holders to manage individual lending, borrowing, or rebalancing activities. [Collateral](https://iq.wiki/wiki/collateral) composition, revenue allocation, and risk parameters are governed onchain through the [Reserve](https://iq.wiki/wiki/reserve) protocol, with predefined mechanisms for harvesting yield, managing surplus, and responding to changes in market conditions. The structure is designed to provide transparent, continuously accruing USD-denominated yield through a liquid, onchain asset that can be minted, redeemed, and used within [decentralized finance](https://iq.wiki/wiki/defi) applications. [\\[3\\]](#cite-id-nrxyaSurIdgpgkxo) [\\[5\\]](#cite-id-yoPEsxj4cB7wDiej) \n\n[YOUTUBE@VID](https://youtube.com/watch?v=3OQuuHyonqg)","summary":"Web3 Dollar (USD3) is a yield-bearing, USD-denominated stablecoin on the Reserve protocol. It is backed by a diversified basket of interest-bearing stablecoin p...","images":[{"id":"QmeUFaoHGGmvjdtfoP4agBsuDzeq9tfLRSTbq8ZzsnPUxJ","type":"image/jpeg, image/png"}],"categories":[{"id":"cryptocurrencies","title":"Cryptocurrencies"}],"tags":[{"id":"Ethereum"},{"id":"Protocols"},{"id":"Stablecoins"}],"media":[{"id":"QmXX8NADuTMNJ4xfoDZhugLwoHWNNYubwwN1bicNrR8FxQ","size":null,"name":null,"type":"GALLERY","source":"IPFS_IMG"},{"id":"https://www.youtube.com/watch?v=3OQuuHyonqg","size":null,"name":"3OQuuHyonqg","type":null,"source":"YOUTUBE"}],"metadata":[{"id":"references","value":"[\n  {\n    \"id\": \"RwSstxcOHCUW2BS7\",\n    \"url\": \"https://reserve.org/\",\n    \"description\": \"Reserve Protocol general information\",\n    \"timestamp\": 1765828114742\n  },\n  {\n    \"id\": \"YFsIeniKEpJHYSIg\",\n    \"url\": \"https://www.coingecko.com/en/coins/web-3-dollar\",\n    \"description\": \"USD3 market and token information\",\n    \"timestamp\": 1765828114742\n  },\n  {\n    \"id\": \"nrxyaSurIdgpgkxo\",\n    \"url\": \"https://blackmanta.capital/usd3/\",\n    \"description\": \"USD3 TradFi access and product details\",\n    \"timestamp\": 1765828114742\n  },\n  {\n    \"id\": \"h6gX5rmT9ouMYC6t\",\n    \"url\": \"https://x.com/USD\\\\_3\",\n    \"description\": \"USD3 official announcements and features\",\n    \"timestamp\": 1765828114742\n  },\n  {\n    \"id\": \"yoPEsxj4cB7wDiej\",\n    \"url\": \"https://app.reserve.org/ethereum/token/0x0d86883faf4ffd7aeb116390af37746f45b6f378/overview\",\n    \"description\": \"USD3 on-chain collateralization data\",\n    \"timestamp\": 1765828114742\n  }\n]"},{"id":"website","value":"https://reserve.org/"},{"id":"twitter_profile","value":"https://x.com/USD_3"},{"id":"discord_profile","value":"https://discord.com/invite/YmbQwmmKEv"},{"id":"coingecko_profile","value":"https://www.coingecko.com/en/coins/web-3-dollar"},{"id":"contract_url","value":"https://etherscan.io/token/0x0d86883faf4ffd7aeb116390af37746f45b6f378"},{"id":"previous_cid","value":"\"https://ipfs.everipedia.org/ipfs/QmZXaaeE2QivGqvV3hWMkSjDX3FazxxVf2pJhgPxUXiEny\""},{"id":"commit-message","value":"\"Fixed formatting for IDs, titles, and dates\""},{"id":"previous_cid","value":"QmZXaaeE2QivGqvV3hWMkSjDX3FazxxVf2pJhgPxUXiEny"}],"events":[{"id":"d5cfcdbe-43d0-4457-b0a7-2070f7e6e379","date":"2024-04-01","title":"Web3 Dollar (USD3) is Formally Introduced","type":"CREATED","description":"The project was formally introduced to the public via a post on its official X (formerly Twitter) account.","link":"https://x.com/USD_3","multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null},{"id":"d8e86023-26d8-485c-8928-51bca38be832","date":"2024-04-01","title":"USD3 Listed on DeFiLlama","type":"DEFAULT","description":"Web3 Dollar (USD3) was listed and became trackable on the data analytics platform DeFiLlama.","link":null,"multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null},{"id":"e63647fc-937b-4b0e-acca-de8be12250f2","date":"2024-06-01","title":"Major Minting Event Occurs","type":"DEFAULT","description":"A single transaction created $1,997,459 of new USD3, indicating significant adoption or investment.","link":null,"multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null}],"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0x8AF7a19a26d8FBC48dEfB35AEfb15Ec8c407f889"},"operator":{"id":"0x1E23b34d3106F0C1c74D17f2Cd0F65cdb039b138"},"language":"en","version":1,"linkedWikis":{"blockchains":["ethereum","base","reserve"],"founders":["matt-elder","nevin-freeman"],"speakers":[]},"recentActivity":"{\"items\":[{\"id\":\"f0117524-a9e9-4581-9ab0-3dcfbfe9dcbf\",\"title\":\"Web3 Dollar\",\"description\":\"Web3 Dollar (USD3) is a yield-bearing, USD-denominated stablecoin on the Reserve protocol. It is backed by a diversified basket of interest-bearing stablecoin positions from DeFi protocols, designed to provide passive yield to its holders.\",\"timestamp\":\"2025-12-15T20:18:12.761Z\",\"category\":\"Wiki Update\",\"status\":{\"icon\":\"RiGlobalLine\",\"label\":\"Wiki Updated\",\"iconClassName\":\"text-green-500\"},\"user\":{\"name\":\"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889\",\"address\":\"0xacb6c5AD52b8f605299B0d774CE97F26e3DB80c2\"},\"button\":{\"label\":\"View Summary\",\"icon\":\"RiFileTextLine\"},\"summarySections\":[{\"title\":\"Introduction\",\"subtitle\":\"The introductory paragraph was updated with new links and citations.\",\"variant\":\"modified\",\"changeCount\":1,\"changes\":[\"Updated the introductory paragraph to include links for 'stablecoin' and 'decentralized finance (DeFi)', and changed citation references. [[1]](#cite-id-RwSstxcOHCUW2BS7) [[5]](#cite-id-yoPEsxj4cB7wDiej)\"]},{\"title\":\"Overview\",\"subtitle\":\"The 'Overview' section was completely rewritten.\",\"variant\":\"modified\",\"changeCount\":1,\"changes\":[\"Rewrote the 'Overview' section to provide a more focused description of USD3's functionality as a yield-bearing stablecoin within the Reserve protocol. [[3]](#cite-id-nrxyaSurIdgpgkxo) [[5]](#cite-id-yoPEsxj4cB7wDiej)\"]},{\"title\":\"Technical Architecture\",\"subtitle\":\"The 'Technical Architecture' section was removed from the wiki.\",\"variant\":\"removed\",\"changeCount\":1,\"changes\":[\"Removed the entire 'Technical Architecture' section, which included subsections on 'The Reserve Protocol', 'USD3 Mechanism', 'Collateralization and Yield Generation', 'Revenue Distribution', and 'Governance'.\"]},{\"title\":\"Videos\",\"subtitle\":\"A YouTube video was added to the content.\",\"variant\":\"added\",\"changeCount\":1,\"changes\":[\"Added YouTube video: https://youtube.com/watch?v=3OQuuHyonqg\"]},{\"title\":\"Founders\",\"subtitle\":\"Added two founders to the previously empty list.\",\"variant\":\"modified\",\"changeCount\":2,\"changes\":[\"Added founder 'matt-elder'.\",\"Added founder 'nevin-freeman'.\"]},{\"title\":\"Images\",\"subtitle\":\"Removed four images from the wiki.\",\"variant\":\"removed\",\"changeCount\":4,\"changes\":[\"Removed image 'QmSKrWpmFNPjyyw1V7X2tNGoEMLGScdap771itmo7FX8RY'.\",\"Removed image 'QmUNr5ErzuhAVaq3giReUQ3WL2pgq4UM6sSsKaC84UmYyZ'.\",\"Removed image 'QmWHRM1fY51vkVSRb3PHsGLZMsF5uQRfJmVgbSrCt8Huww'.\",\"Removed image 'QmZfk6xSSP6YZWtkAjzwRYXxHtkNZ3KDaV5fDjUbHAHZ1V'.\"]},{\"title\":\"Categories\",\"subtitle\":\"A category was removed from the wiki.\",\"variant\":\"removed\",\"changeCount\":1,\"changes\":[\"Removed category 'Blockchains'.\"]}]}]}"}