Kolibri is an Tezos based stablecoin built on Collateralized Debt Positions (CDPs) known as Ovens. Kolibri uses CDPs (referred to as an Oven) to collateralize a soft pegged USD-stable value asset, kUSD.
Status: ACTIVE
Tether's asset-backed stablecoin available natively on Tezos
Lugh is a reliable euro-pegged digital asset for transactions.
USD-backed stablecoin, on the Tezos public blockchain, the first product released as part of their ongoing collaboration with the Tezos ecosystem.