> For the complete documentation index, see [llms.txt](https://doc.orby.network/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://doc.orby.network/introduction/what-is-usdusc.md).

# What is $USC?

$USC is Orby's decentralized, overcollateralized **stablecoin** that is soft-pegged to the **US dollar.** 

$USC will essentially function as 3 things:

* **A store of value.** As a stablecoin, $USC is designed to **hold its value** to a peg in spite of volatility
* **A unit of exchange.** With the above property as a stable store of value, $USC is designed to be used to facilitate transactions
* **A unit of account.** $USC will function as a unit of measurement for on-chain products, similar to how FIAT currencies denominate off-chain goods and services

Maintaining peg stability is critical for any stablecoin. That's why Orby is designed around ensuring and incentivising $USC's resiliency. Our robust risk management features are summarized below: 

<figure><img src="/files/5UvccuNcqTSvqToZe5P9" alt=""><figcaption></figcaption></figure>

To read in more detail about these features:&#x20;

[Overcollateralization](/overview/supported-collateral/collateral-risk-parameters.md)

[Recovery Mode](/overview/recovery-mode.md)

[Instant Liquidation](/overview/liquidations-and-the-stability-pool/stability-pool.md)

[Redemptions](/overview/usduscs-peg-stability-and-redemptions/redemption-mechanism.md)

[Arbitrage](/overview/usduscs-peg-stability-and-redemptions.md)<br>