Backed by buildings
Senior secured real-estate bonds, held to maturity.
USD.estate · Launching on Base
The dollar backed by buildings.
- Status:
- Launching on Base
- Reserve:
- USDC + T-bills
- Epoch:
- 30 days
- Governance token:
- None
Why it holds
Capital for buildings outside the bank circle. Yield drawn from their credit, not emissions.
Verified reserves
USDC, T-bills and every bond position visible onchain; independent attestation once engaged.
Published eligibility
Every bond passes public criteria and a 7-day allowlist delay before the first dollar reaches it.
Bounded discretion
Guardrails enforced in code: 20% reserve floor, 20% issuer cap, 10% bond cap.
Two share prices
Deposits pay for accrued coupon; redemptions get settled cash.
Where the credit is
We fund buildings across Europe.
$393T1
global real estate
Savills, 2025
$3T→$5T2
private credit, 2025→2029
Morgan Stanley
$19B3
tokenized RWA today
CoinGecko, Q1 2026
54
launch jurisdictions
LU · CH · DE · FR · NL
- 1.Savills, Total value of global real estate: $393.3 trillion (2025).
- 2.Morgan Stanley, Private Credit Outlook — ~$3tn at the start of 2025, forecast ~$5tn by 2029.
- 3.CoinGecko, RWA Report 2026 — tokenized real-world assets ~$19.3bn at Q1 2026.
- 4.Approved launch jurisdictions: Luxembourg, Switzerland, Germany, France, the Netherlands — governed through the timelock.
Mint
More USDest minted
Stake
Higher sUSDest yield
Bonds
More real-estate credit funded
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