> For the complete documentation index, see [llms.txt](https://docs.pure.cash/pure.cash/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.pure.cash/pure.cash/pure-usd/the-solution-for-stablecoin-trilemma.md).

# The Solution for Stablecoin Trilemma

<figure><picture><source srcset="/files/u8KaaAM6BdvHnwKkkMsv" media="(prefers-color-scheme: dark)"><img src="https://1066229998-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FnPAHdpA9EuazwpFVA22F%2Fuploads%2FkVA67GLuS22EGlnXPm9G%2FGroup%201000006231.png?alt=media&amp;token=6ef870f5-e072-4cb1-93c8-f26ad19ea551" alt=""></picture><figcaption></figcaption></figure>

PUSD innovatively solves the stablecoin trilemma:

* **Full Decentralization**: Fully deployed on Ethereum, PUSD enables free, open, censorship-resistant, and unstoppable financial interactions.
* **Perpetual Stability**: Backed by ETH with equal short positions, PUSD ensures perpetual stability.
* **Max Capital Efficiency**: By utilizing the delta-neutral strategy, maximum capital efficiency is achieved with full crypto asset collateralization.