Ducat launches Cashu ecash version of its UNIT stablecoin as Turbo UNIT
- —Turbo UNIT is an ecash form of UNIT for private off-chain payments via Cashu
- —UNIT requires at least 160% collateralization, with liquidation at 135%
- —Ducat has processed over 4 million transactions and vaulted more than $700 million in BTC
- —Over $300 million in UNIT has been minted; the soft peg trades around $1.01–1.04
Why it matters: The integration adds a private payments mode to a Bitcoin stablecoin, but introduces a separate trust assumption in the Cashu mint.
Source: Crypto Briefing