Counterparty Risks

Aegis YUSD mitigates counterparty risk by exclusively using BTC as collateral and working with trusted third-party custodians like Copper and Fireblocks. The protocol avoids reliance on other stablecoins, which can be exposed to depegging or collapse. By using custodians with robust security measures, including SOC2, ISO27001, and ISO27017 certifications, Aegis ensures the safekeeping of assets. The use of multisig wallets and off-exchange settlements further reduces the risk of loss or theft, providing an additional layer of security.