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What is USDK ?

USDK is the regulated USD stablecoin issued jointly by OKLink and Prime Trust. In May 2019, OKLink Fintech Limited singed a technical service agreement and API interface platform technology agreement with Prime Trust, an American trust company, to provide technical service of USDK. Users will deposit USD to the trust account when they buy USDK and the trust will sync relevant data with OKLink. Once confirmed, USDK will be issued on the blockchain and transferred to user. USDK is fully backed by the US dollars with monthly [audit report](https://oklinksupport.zendesk.com/hc/zh-hk/articles/360043936592-Independent-Accountant-s-Report-Jun-1-2020) provided by EdieBailly to ensure fund transparency. USDK smart contract has been audited by industry-renowned audit companies Certik and SlowMist.

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