> 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

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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.