Benefits of HLUSD
HLUSD is an asset-backed synthetic dollar designed for stability, compliance, and usability within the HeLa Chain ecosystem. Unlike volatile native cryptocurrencies, HLUSD ensures 1:1 redemption with USD and is governed under regulated financial oversight.
This makes HLUSD not just a stablecoin, but a core enabler of HeLa Chain’s unique design all gas fees on HeLa Chain are paid in HLUSD.
Moreover, by holding HLUSD, projects and dApps unlock a 4% airdrop, a token of appreciation for supporting and growing the HeLa ecosystem
Key Features
1. Asset-Backed Stability
HLUSD is fully backed by USDC reserves.
Reserves are managed by a licensed financial institution in Australia.
Users can redeem 1 HLUSD = 1 USD at any time.
This ensures predictability and trust, removing the risks of price swings common in native cryptocurrencies.
2. Regulatory Governance
Managed under strict regulatory frameworks.
Oversight ensures transparency, user protection, and financial compliance.
Audited reserve holdings further increase trust in HLUSD.
3. HLUSD as the Gas Token
Unlike most blockchains where fees are paid in volatile native tokens (e.g., ETH, SOL), HeLa Chain uses HLUSD for all gas fees.
Benefits:
Predictable fee calculation → developers can estimate costs in dollars.
Simplified onboarding → Web2 projects transitioning to Web3 don’t need to manage multiple tokens.
No need for multiple wallets/coins → one stable token (HLUSD) powers all interactions.
4. Developer & User Benefits
For Users:
Shielded from volatility.
Can transact across dApps with just one stable token.
Smooth user experience without juggling multiple coins.
For Developers & Businesses:
Lower integration friction for Web2 enterprises.
Predictable fee structures for dApp economics & scaling.
Easier to explain to mainstream users ("Pay your blockchain fees in dollars").
Use Cases of HLUSD
Transaction Fees → HLUSD is the exclusive token for gas payments on HeLa Chain.
Stable Transactions → Peer-to-peer transfers, commerce, and cross-border payments.
Institutional Adoption → Businesses can use HLUSD without worrying about crypto volatility.
Why HLUSD Matters in HeLa Chain
By embedding stability directly into the core of the protocol layer, HLUSD:
Eliminates volatility from transaction costs.
Bridges Web2 familiarity with Web3 innovation.
Makes HeLa Chain a developer- and institution-friendly L1.
In short, HLUSD is not “just another stablecoin.” It’s the foundation of user experience and adoption on HeLa Chain.
Next Steps for Developers
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