Core concepts
USDG, the cash asset
One cash asset across every market, fee and dividend, which is what keeps the accounting legible.
USDG is the dollar stablecoin used across Robinhood Chain. On Unlockable it is the quote asset for every PT and YT market, the settlement asset for claimed dividends, and the balance the swap page trades against. Your cash balance in the app is a USDG balance.
- Quotes
- Every PT and YT market
- Settles
- Dividend claims and swap proceeds
- Funds
- Trades, loops and pool deposits
- Arrives via
- Vault deposits, or token sales
Why only one#
Using a single cash asset everywhere means every number on the site is directly comparable. A fixed return is a USDG figure. A dividend claim is a USDG credit. A pool fee is USDG income. Nothing pays out in a second stablecoin, and nothing pays out in points that would need their own market before you could value them.