# MONEY: a stablecoin

* $MONEY is a USD-denominated decentralized stablecoin. 
* $MONEY is natively cross-chain: it is interoperable with any EVM blockchain and can move seamlessly across different chains. 
* $MONEY is a permissionless and censorship-resistant stablecoin that is optimized for life on Layer 2 chains such as Optimism, Arbitrum, and Base - meaning it can be created and managed more cost-effectively. 
* $MONEY is a [CDP](https://coinmarketcap.com/academy/glossary/collateralized-debt-position-cdp)-based stablecoin meaning it can be created using a wide range of collateral types such as altcoins, LP tokens, tokenized RWAs and more, making its ability to scale unconstrained. 

{% hint style="info" %}
The contract address for MONEY is 0x69420f9E38a4e60a62224C489be4BF7a94402496 on all chains.
{% endhint %}