SPA/USDT

"Founded in 2020, Sperax is a Layer 2 blockchain ecosystem built on Arbitrum, committed to achieving financial inclusion, growth, and stability through innovative DeFi solutions. Its core products include USDs — a 100% collateralized stablecoin that offers passive income — and SPA, the native utility and governance token. SPA powers the entire ecosystem, enabling the community to make decentralized governance decisions on Snapshot. USDs are backed by stablecoin assets (USDT, USDC, USDC.e), which are fiat-collateralized to ensure higher stability and security."