> ## Knowledge Base Index
> Fetch the complete knowledge base index at: https://support.mixin.one/sitemap.xml
> Use this file to discover available pages before exploring further.
> Pure-Markdown content can be obtained by appending a '.md' suffix to the content URLs listed in the sitemap (without the trailing slash).

# pUSD

**pUSD** (Pando USD) is a stablecoin whose value is pegged 1:1 with the U.S. dollar issued by the Pando team, which is backed by a basket of cryptocurrencies, mainly including BTC, ETH, etc. pUSD's collateralization rate is consistently above 200%. Purchases of Mixin Safe membership and transfers are denominated in pUSD when paid in cryptocurrency.