USD3 is the senior, loss-protected tranche of 3Jane's onchain credit pool, minted by depositing USDC. The pool funds uncollateralized USDC credit lines for qualified cryptonatives (underwritten via their Jane Score and verified assets) and buys short-duration receivables from U.S. fintech lenders, with USD3 earning a variable share of the interest borrowers repay and sUSD3 absorbing first losses.
This is a max-APY yield loop: USD3 is supplied as collateral and USDC is borrowed against it on Morpho, then recycled back into USD3 to multiply the underlying Uncollateralized Credit yield. Because the two assets are price-correlated, the position targets amplified yield rather than directional price exposure.
Live APY, leverage multiplier and available liquidity are shown in the app.