0x98f9fbf1…992esent to0xb024ac5a…a016·#23,942,599·0xcb1895f1…e47006
# Add calUSD (a new stablecoin in the Caliber Money platform) as an approved earner
# About
**Caliber USD ($calUSD)** is a US Treasury-backed stablecoin powered by M0 intended for use on the Caliber Money platform and mobile app as the default settlement token.
Caliber evolves neobanking into a **seedless, non-custodial neobrokerage** via a mobile app that unifies finance: access global banking rails with stablecoins, spend with VISA, earn instant US Treasury-backed yield, and execute gasless cross-chain trades with sub-2-second execution time via Caliber’s RFQ system. Transfers are all abstracted behind simple usernames for seamless bank and crypto money movement.
**Learn more at [caliber.money](https://caliber.money)**
### Extension Details
- **Extension Name**: Caliber USD
- **Targeted Chain**: Base
- **Extension Ticker**: $calUSD
### Yield Distribution
This uses the **MEarnerManager** extension.
- **Phase 1 (Launch)**: 100% of yield accrues directly to $calUSD holders.
- **Phase 2 (Post-Traction)**: Introduce tiered yield allocation (e.g., higher APY for power users, premium features) and a modest platform fee share to Caliber for ongoing development and platform incentives.
### Primary Use Cases – $calUSD as the Core Settlement & Portfolio Token in Caliber
- Direct-deposit payroll from virtual bank accounts instantly converts to $calUSD and begins earning Treasury yield from day one.
- Primary USD balance for the Caliber app; may be used to fund the Caliber Visa card for spending globally and to trade for over 13,000 onchain assets.
### Roadmap for Inflows
1. Caliber Private Beta Launch
2. Caliber Official Production Launch in App Store
3. Google Play Launch
4. Web App for Portfolio Management
5. Miniapp campaigns
6. RWAs and Curated DeFi Vaults
7. Regional Expansion with bank and card rails
**Caliber Money ($calUSD)** is purpose-built to be the everyday, programmatic yield-bearing dollar to bridge the gap between 716M crypto owners and just 40-70M DeFi Users. We are excited to bring it to Base as the first approved earner in the Base ecosystem.
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[IPFS](https://bronze-main-orca-252.mypinata.cloud/ipfs/bafkreidtjyzkyv322n3coybe5f6pfdkvcsrv62oy2cqb2coqqm4pro5ohm)