Basket Stablecoin (BSKTx) is a blockchain-native, globally accessible digital currency backed by a diversified basket of real-world assets (RWAs). Through Chainlink Price Feeds, Proof of Reserve, and automated smart contract rebalancing, BSKTx maintains a $1 peg while reducing risk from volatility in any single asset. BSKTx is currently live on the Ethereum Sepolia and Base Sepolia testnets, allowing developers and users to experiment with minting, redeeming, and governance in a safe, low-cost environment before mainnet deployment. Running on both L1 and L2 testnets demonstrates cross-chain functionality, with Ethereum providing robust security and Base delivering faster transactions and lower fees. Users can mint, redeem, and govern BSKTx entirely on-chain, with DAO proposals controlling asset weight adjustments, treasury actions, and peg mechanisms. This makes BSKTx a stable store of value for payments, savings, and DeFi integration.
Our mission is to build a next-generation stablecoin that is globally accessible, transparent, and resilient against shocks to any single asset or system. By distributing collateral risk and putting governance directly in the hands of users, BSKTx aims to become a trustworthy store of value and medium of exchange for payments, savings, and DeFi applications worldwide. We believe stable, programmable money should not only mirror the dollar—it should evolve beyond it.
Traditional stablecoins often rely on single-asset collateral such as USD reserves or algorithmic mechanisms. This concentration risk makes them vulnerable to volatility, regulatory pressure, or black swan events. At the same time, access to stable, transparent, and programmable money remains limited globally, especially in emerging markets where financial instability is common. Developers also face barriers when experimenting with cross-chain, asset-backed stablecoins due to complexity, costs, and lack of test environments.
Basket Stablecoin (BSKTx) diversifies collateral across multiple real-world assets (commodities, treasuries, etc.), reducing reliance on any single backing. By leveraging Chainlink Price Feeds, Proof of Reserve, and automated smart contract rebalancing, BSKTx maintains a stable $1 peg while increasing resilience.
On-chain governance empowers the community to adjust asset weights and treasury strategies, ensuring adaptability. Running live on Ethereum Sepolia and Base Sepolia testnets provides developers and users a safe playground to mint, redeem, and test governance flows before mainnet launch. This dual-testnet approach showcases cross-chain capabilities and offers both security (Ethereum) and scalability (Base). Moving next to Celo Alfajores testnet before mainnet launch.
Want to grow through just grant funding
Global
