--- title: "Somnia Launches Stablecoin USDso Backed by U.S. Treasury Assets" type: "News" locale: "en" url: "https://longbridge.com/en/news/285208587.md" description: "Somnia has launched a new stablecoin, USDso, backed by U.S. Treasury assets and issued through the Frax Finance protocol. USDso uses an over-collateralization model and can be minted at a 1:1 ratio with USDC. The revenue distribution allocates 90% of reserve earnings to DeFi protocols and 10% to an insurance fund, targeting high-frequency trading and DeFi applications." datetime: "2026-05-05T12:33:57.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285208587.md) - [en](https://longbridge.com/en/news/285208587.md) - [zh-HK](https://longbridge.com/zh-HK/news/285208587.md) --- # Somnia Launches Stablecoin USDso Backed by U.S. Treasury Assets Somnia, a Layer 1 blockchain, has introduced its new stablecoin, USDso. According to ChainCatcher, this stablecoin is issued and operated by the decentralized stablecoin protocol Frax Finance, utilizing the frxUSD framework. USDso employs an over-collateralization model and is backed by assets such as U.S. Treasury bonds. It can be minted at a 1:1 ratio with assets like USDC. The revenue distribution mechanism of USDso ensures that 90% of reserve earnings are allocated to DeFi protocols, while 10% is directed to an insurance fund. The stablecoin is designed to cater to high-frequency trading, DeFi, and on-chain protocol scenarios. ### Related Stocks - [GBTC.US](https://longbridge.com/en/quote/GBTC.US.md) - [COIN.US](https://longbridge.com/en/quote/COIN.US.md) - [BND.US](https://longbridge.com/en/quote/BND.US.md) - [HODL.US](https://longbridge.com/en/quote/HODL.US.md) - [SGOV.US](https://longbridge.com/en/quote/SGOV.US.md) - [BITO.US](https://longbridge.com/en/quote/BITO.US.md) - [SHY.US](https://longbridge.com/en/quote/SHY.US.md) - [SHV.US](https://longbridge.com/en/quote/SHV.US.md) - [BITB.US](https://longbridge.com/en/quote/BITB.US.md) - [GOVT.US](https://longbridge.com/en/quote/GOVT.US.md) - [IEF.US](https://longbridge.com/en/quote/IEF.US.md) - [TLT.US](https://longbridge.com/en/quote/TLT.US.md) ## Related News & Research - [TREASURIES-Yields rally after slight dip in early trading](https://longbridge.com/en/news/286919787.md) - [THORChain Price Outlook: Panic or Opportunity After RUNE Crashes 30%?](https://longbridge.com/en/news/286643134.md) - [Stripe-backed Tempo taps $7.5 billion DeFi lender Morpho to expand beyond payments](https://longbridge.com/en/news/287085094.md) - [TREASURIES-Yields on longer-dated bonds hit year-plus highs overnight](https://longbridge.com/en/news/286778191.md) - [This chart shows why AI will eventually mean lower bond yields](https://longbridge.com/en/news/286774916.md)