{
  "about": "scUSD is the dollar token of Rings, a Sonic-native protocol that takes stablecoin deposits, routes them into vault strategies and returns a token redeemable one for one for the deposit. The yield goes to holders who stake scUSD rather than into its price, so the token itself is meant to sit at a dollar; the backing is the strategies Rings runs, not fiat reserves.",
  "category": "stablecoin",
  "display_name": "Rings Sonic USD",
  "external": {
    "coingecko": "rings-scusd"
  },
  "icon": "https://catalogue.tribulnation.com/icons/asset/rings-scusd.svg",
  "id": "rings-scusd",
  "pegged_to": {
    "asset": "usd"
  },
  "symbol": "scUSD",
  "tags": [
    "Stablecoin",
    "USD",
    "DeFi"
  ],
  "urls": {
    "Website": "https://www.rings.money/"
  }
}
