About pmusd
pmusd is a fully-backed, transparent stablecoin built on the RAAC protocol — designed to bring stability, trust, and composability to decentralized finance.
What is pmusd?
pmusd is a USD-pegged stablecoin issued by RAAC (Real Asset Augmented Collateral). Every pmusd token in circulation is fully backed by verified, on-chain collateral, ensuring that the peg is always supported by real, auditable assets.
Unlike algorithmic stablecoins that rely on complex incentive mechanisms, pmusd maintains its peg through transparent over-collateralization and real-time proof of reserves. Users can verify the backing of every pmusd at any time, directly on-chain.
Designed to integrate seamlessly with the broader DeFi ecosystem, pmusd is available across multiple liquidity pools, yield vaults, and money market protocols — enabling users to deploy their stable assets and earn yield while maintaining full transparency.
By the Numbers
Since its launch, pmusd has grown into one of the most transparent stablecoins in DeFi, with a growing ecosystem of integrations and users.
Why pmusd?
The stablecoin landscape is crowded, but few solutions offer the combination of full backing, real-time on-chain transparency, and deep DeFi composability that pmusd delivers. Here is what makes pmusd different:
Fully Backed
Every pmusd is backed 1:1 or better by verified on-chain collateral. There are no algorithmic components or hidden risks — just transparent, auditable backing.
Real-Time Transparency
Proof of reserves is available on-chain at all times. Anyone can verify the collateral backing pmusd at any moment, without relying on third-party attestations.
DeFi Native
pmusd is designed from the ground up for DeFi. It integrates with Curve, Convex, Stake DAO, Beefy, and Yearn — letting users earn yield while keeping their stable exposure.
Battle-Tested Infrastructure
Built on the RAAC protocol, pmusd leverages a robust smart contract architecture that has been carefully audited and designed to withstand market volatility.
Multi-Protocol Liquidity
With pools across Curve Finance and vaults on Beefy and Yearn, pmusd liquidity is distributed across the DeFi ecosystem for maximum accessibility.
Community Governed
The direction of pmusd and the RAAC protocol is shaped by the community. Token holders participate in governance decisions that affect the protocol's future.
Our Mission
RAAC's mission is to bridge decentralized finance with traditional financial markets, creating a transparent and scalable ecosystem for everyone. pmusd is the stable foundation of that ecosystem — the unit of account that connects DeFi protocols, real-world assets, and everyday users.
We believe that stablecoins should be trustworthy by design, not by promise. That is why everything about pmusd is verifiable on-chain, from collateral composition to reserve ratios.
Transparency First
We publish all collateral data on-chain in real time. No black boxes, no hidden risks. What you see is what backs your pmusd.
Security Without Compromise
Our smart contracts undergo rigorous auditing. We prioritize protocol safety and sustainable collateral ratios above all else.
Composability by Design
pmusd is built to plug into any DeFi protocol. Our open architecture enables developers and protocols to integrate pmusd with minimal friction.
Community at the Core
RAAC is built by and for its community. We believe that decentralized governance is the only legitimate path to long-term protocol sustainability.
How pmusd Works
pmusd is minted when users deposit approved collateral assets into the RAAC protocol. The collateral is held in smart contracts and verified on-chain at all times. When users redeem their pmusd, the collateral is released back to them.
Deposit Collateral
Users deposit approved collateral assets into the RAAC protocol smart contracts. The collateral is locked and verified on-chain immediately.
Mint pmusd
pmusd tokens are minted against the deposited collateral, up to the allowed collateral ratio. All minted supply is tracked on-chain.
Deploy in DeFi
Use pmusd across liquidity pools on Curve, deposit into Yearn or Beefy vaults, and earn yield while maintaining your stable position.
Redeem Anytime
Burn pmusd to reclaim your collateral at any time. The protocol ensures that redemptions are always processed at the correct collateral ratio.
Ecosystem & Integrations
pmusd is deeply integrated with the leading DeFi infrastructure. Our growing ecosystem of partnerships ensures that pmusd remains liquid, composable, and accessible across the DeFi landscape.
Curve Finance
Multiple pmusd pools for deep liquidity and low-slippage swaps.
Stake DAO
Optimized yield strategies for pmusd liquidity providers.
Convex Finance
Boosted CRV rewards for pmusd pool depositors.
Beefy Finance
Auto-compounding vaults that maximize pmusd yield automatically.
Yearn Finance
Managed yield vaults for pmusd holders seeking passive income.
Built by RAAC
pmusd is developed and maintained by the RAAC team — a group of DeFi engineers, financial architects, and community builders united by a shared belief that transparent, fully-backed stablecoins are essential to the future of decentralized finance.
The RAAC team combines deep expertise in blockchain engineering, traditional finance, and protocol governance to build infrastructure that is both technically robust and community-driven.
RAAC Protocol Team
Core Development
The core engineering team behind pmusd and the RAAC protocol, responsible for smart contract development, security, and on-chain infrastructure.
RAAC Growth
Ecosystem & Partnerships
Focused on expanding pmusd integrations across DeFi protocols, managing liquidity partnerships, and growing the user community.
RAAC Security
Auditing & Risk
Dedicated to the ongoing security review of all smart contracts underpinning pmusd, working with external auditors to keep the protocol safe.
Looking Ahead
The RAAC team is continuously working to expand the pmusd ecosystem. Upcoming milestones include new collateral types, additional protocol integrations, cross-chain deployments, and enhanced governance tools for the community.
Launch on Ethereum Mainnet
pmusd is live on Ethereum mainnet with multiple active liquidity pools and vault integrations.
DeFi Protocol Integrations
Integrated with Curve, Convex, Stake DAO, Beefy, and Yearn for deep liquidity and yield generation.
Expanded Collateral Types
Adding new approved collateral assets to increase pmusd minting capacity and protocol utility.
Cross-Chain Deployment
Bringing pmusd to additional EVM-compatible networks to expand accessibility and reduce gas costs.
Enhanced Governance
Launching advanced on-chain governance tools to give the RAAC community greater control over protocol parameters.
Start Using pmusd Today
Join thousands of DeFi users who trust pmusd for stability, yield, and transparency. Connect your wallet and start deploying pmusd across our growing ecosystem.