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What syrupUSDC and syrupUSDT are not

Stablecoin Yield

Updated over a week ago

The SyrupUSD Tokens are not stablecoins and are not backed by USDC or USDT on a one-to-one basis. They are not sponsored, endorsed, administered by, or otherwise associated with Circle Internet Financial, LLC ("Circle") or Tether Limited. The value of SyrupUSD Tokens is derived from a dynamic pool of underlying assets, including loans and other yield-generating strategies, and may fluctuate. There is no guarantee that you will be able to redeem your SyrupUSD Tokens for the amount of USDC or USDT you originally deposited.

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