> For the complete documentation index, see [llms.txt](https://docs.0max1.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.0max1.com/overview/our-solution/usdi-stablecoin.md).

# USDi Stablecoin

USDi is an interest-bearing synthetic dollar with a stable 1:1 value ratio to the USD, featuring automatically distributed interest. We are aiming to create a standardized welfare system with universal income for all USDi holders. 

USDi is backed by its underlying fully hedged assets, and the total circulation of USDi should always equal the value of these hedged assets to maintain a stable value of 1:1 with the USD.

All income generated within the 0max1 protocol is automatically distributed to USDi holders as a form of universal income welfare. Holders do not need to claim this; it is automatically distributed based on the weighted product of the USDi amount and the duration of holding.