litUSD
litUSD
About litUSD
litUSD is a U.S. dollar stablecoin issued by Brale for LitFinancial, a U.S-regulated mortgage lender. litUSD enables Lit to tokenize idle treasury cash for more efficient operations and on-chain liquidity.
Market cap
< $1,000,000 USD
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Benefits of litUSD
Treasury efficiency for lenders
Convert idle cash into a programmable dollar to automate internal settlements and improve working capital. Access on-chain liquidity (including Curve pools) to align treasury moves with market conditions.
Predictable 1:1 convertibility
1 litUSD is always redeemable for 1 USD through Brale, minus processing fees. Mint and redeem via USDC or bank transfer for straightforward, timely cash management.
Regulatory-grade compliance & transparency
Issued by Brale, a FinCEN-registered MSB, litUSD is fully backed by cash and cash equivalents and designed to comply with GENIUS Act requirements. Clear program roles (Sponsor: LitFinancial; Issuer: Brale; Advisor: Stably) and routine reserve attestations support enterprise trust.