> For the complete documentation index, see [llms.txt](https://newbitcoin.gitbook.io/newbitcoin/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://newbitcoin.gitbook.io/newbitcoin/newusd-white-paper/white-paper.md).

# WHITE PAPER

### 🔍 Executive Summary

NEWUSD is a decentralized, USDT-pegged stablecoin operating on the Binance Smart Chain (BEP-20). It serves as a critical component of the NewBitcoin Protocol, designed to offer price stability, enable mining of NEWBTC, and support high-volume transactions within the ecosystem. With a fixed price of $1, NEWUSD ensures reliability and trust in value transfer across all NewBitcoin dApps and smart contracts.

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