Composability is where sKUSD compounds its advantage.
As a standard ERC-20, sKUSD isn’t confined to Kred.
It can move across DeFi - lending markets, AMMs, and structured products, without breaking the underlying credit engine.
Most real-world credit systems are closed loops.
Capital goes in, rewards come out, liquidity stays locked.
On-chain, composability changes that.
sKUSD represents live, reward-bearing credit exposure, not a terminal asset.
At the base layer:
Stablecoins → KUSD → sKUSD → interest from real-world borrowers.
That’s the Kred engine.
Because sKUSD is ERC-20, it can be:
⍛ used as lending collateral
⍛ paired in stable AMMs
⍛ integrated into structured strategies
All while continuing to earn.
Example:
A user holds sKUSD earning rewards from global payment liquidity.
They use it as collateral, borrow conservatively, and deploy capital elsewhere - while sKUSD keeps earning in the background.
This creates a layered reward stack:
⍛ base: real-world credit interest
⍛ DeFi: capital efficiency via composability
No emissions.
No synthetic leverage.
For protocols, sKUSD offers:
⍛ non-emission rewards
⍛ low-volatility collateral
⍛ returns not tied to crypto beta
As adoption grows, utilization, credit deployment, and liquidity scale together.
Composability doesn’t change risk - it reallocates it.
Credit risk stays with real borrowers; DeFi decides how efficiently it’s used.
sKUSD is a portable, productive credit primitive.
Credit that moves.
Liquidity that compounds.
Infrastructure that scales.