Stablecoins

Target Allocation: 5–10% of USD* collateral

A portion of USD*’s backing is held in fully liquid, high-quality tokenized stablecoins such as USDC, USDT, and PYUSD. These assets serve as the foundational layer of liquidity and stability within Perena’s portfolio.

How It Works

  • Fully Redeemable Tokens These are fiat-backed stablecoins issued by regulated entities (e.g., Circle for USDC, Paxos for PYUSD) and are redeemable 1:1 for U.S. dollars.

  • On-Chain Liquidity These assets can be instantly moved, traded, or re-allocated across protocols with minimal slippage or downtime, enabling active portfolio management and seamless user redemptions.

  • Reserve Buffer Liquid stablecoins act as a buffer for volatility or redemption spikes, ensuring that Perena can respond quickly without disrupting longer-term positions.

This allocation helps Perena:

  • Maintain liquidity for redemptions and strategy rotation

  • Anchor portfolio stability with transparent, fiat-backed assets

  • Reduce dependency on yield-only strategies by balancing safety and flexibility

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