Buy & Swap United Stables (U)

Native to BNB Chain

BNB Chain's official announcement describes U as a stablecoin issued by United Stables and minted natively on BNB Chain, rather than bridged in from another network.

Being native means the token's home is BNB Chain itself, which keeps transfers there simple and inexpensive.^[1]

A reserve that includes stablecoins

According to the same announcement, U is the first stablecoin on BNB Chain to use a stablecoin-inclusive reserve model. Established dollar stablecoins such as USDT, USDC and USD1 can be used directly as minting collateral.

United Stables' own site says institutions can mint U with dollars or trusted stablecoins, and that every U is backed one-to-one by dollars and high-quality stablecoins held in segregated, auditable custody.^{[2], [5], [4]}

Reserves you can check

United Stables publishes a proof-of-reserves page that shows the collateral ratio and reserve data. The page links the figures to an on-chain oracle contract and names the function anyone can call to read them.

That oracle reports its data with 18 decimal places. Because the feed is on-chain, developers can read the same reserve figures directly instead of relying only on the web page.^{[8], [9]}

Built for trading and settlement

United Stables presents U as a base asset for trading pairs, as margin and settlement for perpetual contracts on partner exchanges such as Aster, and for larger over-the-counter settlement.

Its site lists venues where U trades, including Binance, Bitget, Gate, KuCoin, MEXC and PancakeSwap. Wide availability matters for a settlement asset, since people need to move in and out of it easily.^{[6], [7]}

Gasless transfers on the roadmap

BNB Chain's announcement says U is planned to support EIP-3009, a standard for signature-based transfers that lets someone else pay the network fee on the sender's behalf.

Once live, that would let apps move U for users who hold no BNB for fees, which suits payments and settlement.^[3]

Why accept stablecoins as reserves

Letting institutions mint with established stablecoins as well as dollars shortens the path into U. A trading firm that already holds USDT, USDC or USD1 on-chain can mint U without first moving money through a bank, which suits a token built mainly for trading and settlement.

The trade-off is that holders need to see what the reserve is made of, and United Stables addresses that with its public proof-of-reserves page and on-chain data feed. The reserve mix and the collateral ratio can be checked at any time rather than only in periodic reports.

Together with native issuance on BNB Chain and wide exchange listings, this gives U a clear purpose: a dollar token that is quick to mint, easy to move and open about its backing.^{[2], [5], [8], [1], [7]}

Who holds and audits the reserves

United Stables says its reserves sit in segregated, auditable custody and publishes a live reserve feed. The names of the custodians holding the dollar portion, and of any firm independently auditing the reserves, are UNKNOWN from the official pages reviewed.

They are not guessed at here.^{[4], [8]}