0xd83e243e…2cc1sent to0xb024ac5a…a016·#23,939,386·0x68fe9c1d…0745ee
# Add Qiro USD (USDQ) as an Approved Earner
**Qiro USD** is a M0-backed stablecoin designed to power on-chain private credit. It serves as the core capital formation asset within the Qiro ecosystem, enabling investors to seamlessly earn yield from private credit opportunities on Qiro’s lending platform.
**About Qiro**
Qiro is building a stablecoin lending platform powered by enterprise grade credit underwriting, connecting global fintech borrowers with stablecoin investors. Backed by Alliance, CMT Digital, EV3 (Escape Velocity), Druid Ventures and Trident Digital.
**Website:** [https://qiro.fi](https://qiro.fi/)
**Extension Details**
- Extension Name: Qiro USD
- Ticker: USDQ
- Targeted Chains: Arbitrum, Plume, Base, Ethereum
- Yield Distribution Mechanics : Qiro offers a USDQ Staking Vault, where users can deposit USDQ to earn yield sourced from:
1. M0/T-bill backing, and
2. Institutional-grade private credit deals on Qiro.
Predicate will be used to enforce compliance policies on USDQ, including OFAC sanction screening and related checks.
We are requesting that Qiro USD (USDQ) be added as an approved earning asset, enabling USDQ Staking Vault depositors to earn yield from M0.
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