IOST to Launch DUSD+

IOST has officially supported the launch of DUSD+, a new stablecoin solution aimed at bridging real-world yield with compliant decentralized finance. The initiative is backed by institutional-grade credit, enhanced with AI-powered optimization, and deployed on IOST’s secure and regulation-friendly infrastructure. The project is a collaboration with Darwin Labs and Paimon Finance and represents a new generation of stablecoins focused on utility and regulatory alignment.IOST InfoIOST, an acronym for Internet of Services Token, represents an enterprise-level blockchain infrastructure tailored for the Internet of Services. This platform aims at facilitating mass adoption by offering Blockchain as a Service (BaaS) solutions, positioning itself as the foundational architecture for future blockchain services.Central to IOST’s functionality is its unique consensus algorithm, the Proof-of-Believability (PoB). Unlike traditional systems that rely solely on voting results, IOST incorporates a Servi point system to decide and rotate committee members. This ensures a decentralized committee election procedure while preserving scalability and resistance to censorship. IOST’s design ensures a voting and committee formation process where most nodes are qualified for block production (instead of only the top few nodes) and where nodes with more votes are assigned a higher probability to produce a block.IOST, the platform’s native token, serves several crucial functions within its ecosystem. It acts as a medium for payments, both for services and goods rendered by service providers and for the operational fees associated with executing native smart contracts. Rewards for network resource contributions are also dispensed in IOST. The token can also be traded for other tokens within the IOST network ecosystem.