Generic USD (GUSD) is a zero-risk, fully decentralized stablecoin. It supports native stablecoins and their derivatives as underlying assets, issued on any chain at a 1:1 collateral ratio. GUSD fully leverages stablecoin derivatives for re-collateralization, captures value from emerging DeFi projects, and unifies liquidity across different chains. This significantly enhances capital efficiency while minimizing slippage during liquidity conversions.