Metal Dollar is the main stablecoin of the Metal X platform. It is backed by a basket of established, non-algorithmic bank reserve-backed stablecoins, including USDC, USDT, TUSD, PAX and PYUSD. Metal Dollar can easily be minted and redeemed at any point on the Metal X App.
Select 'Mint Now'
There is a banner at the base of the Metal X platform. Connect wallet and select Mint Now.
Choose the stablecoin collateral that you would like to use to mint Metal Dollar.
Input Mint Amount
Once collateral is selected, input the amount of Metal Dollar you would like to mint, or select maximum.
To confirm the transaction, select 'Mint' and prepare to sign with your selected WebAuth device.
Sign the transaction with your selected device. You can set up additional signing keys at webauth.com
You can redeem Metal Dollar back at any point for any of the stablecoins available in the Metal Treasury.
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